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LES on fire

Started by petrfitz
over 13 years ago
Posts: 2533
Member since: Mar 2008
Discussion about
http://www.thelodownny.com/leslog/2013/02/followup-ashkenazy-acquisition-corp-acquring-156-164-delancey-street.html "The real estate market has bounced back citywide, and the LES would be desirable even without Seward Park, in part due to its diverse mixed-income retail mix. “The Lower East Side has never seen higher values,” DeCheser observed."
Response by petrfitz
over 13 years ago
Posts: 2533
Member since: Mar 2008

30 offers at or above asking price!!!

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Response by greensdale
over 13 years ago
Posts: 3804
Member since: Sep 2012

Up 40%?

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Response by petrfitz
over 13 years ago
Posts: 2533
Member since: Mar 2008

Up from What? The owner of this property probably bought it from the city 20 years ago for $10K. I think a sale of over $4 million is a nice profit anyway you look at it.

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Response by alanhart
over 13 years ago
Posts: 12397
Member since: Feb 2007

Duluth! Duluth!
Duluth is on fire!
We don't need no water,
Let the petrofrizz BURN!

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Response by yikes
over 13 years ago
Posts: 1016
Member since: Mar 2012

detroit is on fire!

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Response by Brooks2
over 13 years ago
Posts: 2970
Member since: Aug 2011

: I just want to say one word to you - just one word.
Yes Sir
Are you listening?
Yes I am.
Stochastics

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Response by matsonjones
over 13 years ago
Posts: 1183
Member since: Feb 2007

Poor Brooks2.

Reduced to trolling and posting apartments on the price chopper thread in Sutton Place with at least 50% down and massive board of directors income requirements in order to meet the random reality he thinks that should be the NYC real estate market.

I think Brooks2 is a really angry renter. Correction - a really angry stochastic renter.

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Response by Brooks2
over 13 years ago
Posts: 2970
Member since: Aug 2011

You have me pegged wrong MJ. I am a stochastically happy renter!

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