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Prism

Started by lapwahlee
over 10 years ago
Posts: 5
Member since: Dec 2009
Discussion about
Insane prices at the Prism. One bd apt start at $5100. If you are making $100k a year, you have no chance. $200k/salary is minimum, even then you are cutting coupons. Is this sustainable? It reminds me of Yankee Stadium and their luxe boxes which were priced just for corporate companies. They became eyesores since they were always empty.
Response by fieldschester
over 10 years ago
Posts: 3525
Member since: Jul 2013

Yankee Stadium doesn't care if corporate boxes are empty so long as they are paid for. Which is like a lot of new real estate in NYC. Of course the concessionaire doesn't make any money, neither do the local restaurants, shops, or the tax man.

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Response by NWT
over 10 years ago
Posts: 6643
Member since: Sep 2008

While you're waiting for the next collapse, here's one for $2100, just a few blocks away: http://streeteasy.com/building/555-2-avenue-manhattan/3

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