Coronado

Curious why this unit traded sideways for 22 years?
https://streeteasy.com/building/coronado-condominium/10c

That may be the funniest mis-filing ever. If you look at the 2001 sale, the price is entirely out of step with all other sale pricing in the building. Why? Because it was for 155 EAST 78th St. (and, apartment 15B).

https://a836-acris.nyc.gov/DS/DocumentSearch/DocumentImageView?doc_id=FT_1440007537044

But it has traded sideways for 10 years

Rent for $27K https://streeteasy.com/building/coronado-condominium/ph1de or buy for $6.5M https://streeteasy.com/building/coronado-condominium/ph-1?

I’ll go with “neither”. Unit has been for sale going on a year now:

https://streeteasy.com/sale/1657563

https://streeteasy.com/building/coronado-condominium/ph1d

https://streeteasy.com/building/coronado-condominium/ph-1

Buyers paid $5.2M for the two units in 2007 and then spent whatever ($1-2m?) combo-ing it:

https://a836-acris.nyc.gov/DS/DocumentSearch/DocumentDetail?doc_id=2007012201465002

https://a836-acris.nyc.gov/DS/DocumentSearch/DocumentDetail?doc_id=2007012200516002

IMO, combo & design seems dated and incoherent — the owners didn’t seem very good at this. Perhaps the owners agree, which is why they simply bought something else downstairs rather than start afresh:

https://streeteasy.com/building/coronado-condominium/6bc

I wonder why the rental broker went to all the effort to fuzz out the views (which aren't well done and is more distracting than just leaving them alone)? The views apparently didn't bother the selling broker.

And at least in 6BC they got a proper foyer. And only 1 public room, which is unfortunate.

Yeah, the blurring of the views is weird.

I think the bones of the PH are vastly superior. The ceiling height just doesn’t support one large expanse, and they would have done better using the pillars at the expansive windows to divide the space with walls.

I can imagine the change was spurred by age and not being able to navigate the stairs anymore. (This seems like a pied a terre from the addresses and the occupants’ residency.)