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Sale at 44 West 77th Street #13E

Started by deanc
almost 13 years ago
Posts: 407
Member since: Jun 2006
Discussion about 44 West 77th Street #13E
17.5m and no guest bathroom and a cramped second bathroom.......lol only in NY.
Response by AnonymousUser
almost 13 years ago
Posts: 150
Member since: Mar 2010

Yes, not an easy sell.

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Response by Bill7284
almost 13 years ago
Posts: 631
Member since: Feb 2009

Agree. I find 13E to be an ecentric odd ball compared to the rest of the building. Attached is 10E which sold last year at considerably less than half the price of the available listing.

http://streeteasy.com/nyc/sale/649974-coop-44-west-77th-street-upper-west-side-new-york

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Response by eriegel
almost 13 years ago
Posts: 140
Member since: Apr 2011

In "trophyland" where "Monopoly Money" is spent their is often no correlation between price and value. I may be wrong; but the market is beginning to smell like irrational exuberance (a bit to start) to me. Interest rates low; stocks high. Everyone saying "there is no place to put your money." I may be wrong; but this is starting to get me a bit edgy

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

Only in New York: Complain about $17.5MM apartment bathrooms, then complain about trash on the street: http://streeteasy.com/nyc/talk/discussion/34723-hey-boardwalk-empire-producers

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Response by Guywithcat
almost 13 years ago
Posts: 329
Member since: Apr 2011

I think more importantly is that it is a dreadfully ugly apartment. I realize nouveau folks and europeans like this stuff, so maybe that will actually help things. I could see some former-soviet zillionaire telling himself he is sophisticated now with his multimillion dollar manhattan trailer park garbage hole. But opulent nonsense is still gross.

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Response by Bill7284
almost 13 years ago
Posts: 631
Member since: Feb 2009

The ask price is beyond reality. This reminds me of those white elephants that didn't sell during the bubble. Remember those? The big money from overseas seems to want new and shiny. This will become stale and at that point the price will have to be dropped substantially in order to get a serious buyer, whoever that will be.

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Response by dwell
almost 13 years ago
Posts: 2341
Member since: Jul 2008

Yikes, someone made a mess on the ceilings.
Broker speak: “ONE OF A KIND, unique” = white elephant.
But, it is an awesome bld

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

yikes?

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Response by West81st
over 12 years ago
Posts: 5564
Member since: Jan 2008

The "under" is looking pretty good at the moment:
04/22/2013 Price decreased by 11% to $15,500,000.

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Response by Bill7284
over 12 years ago
Posts: 631
Member since: Feb 2009
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Response by West81st
over 12 years ago
Posts: 5564
Member since: Jan 2008

I suspect this new listing is for the same apartment:
http://streeteasy.com/nyc/sale/921201-coop-44-west-77th-street-upper-west-side-new-york
The amended unit number and square footage almost threw me off.

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Response by Bill7284
over 12 years ago
Posts: 631
Member since: Feb 2009

Same one, different spin. It could be that the seller is in no hurry or enjoys people coming to view. There are occaisional sellers who really get off on that until it's no longer fun having humanity schlep in and out. Another thought is that it would be interesting to see what the other owners in the building feel about this.

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