Bitcoin and NYC Real Estate

Don't think your lawyer will allow it.

This new development is advertising on the bottom of its site that bitcoin is accepted as a form of payment.

http://www.libertytoye.com/

A) A $2 million apartment with a 7'4" wide master bedroom?
B) If they actually let you sign a contract for a fixed number of Bitcoin it could be an interesting arbitrage play.

Honestly I'm not sure this will ever take off. Closings are complex already, why add this element in?

I guess we'll never know:
https://therealdeal.com/2018/05/02/ben-shaoul-in-contract-to-sell-liberty-toye-for-roughly-85m-sources/

I know that Bond real estate made a big announcement a few years ago that they were accepting Bitcoin. Not sure if they've done any transactions with it.

I heard of 1 transaction in Brooklyn that closed using Bitcoin. None in Manhattan. I would think given the volitility of the instrument, any seller would need a massive premium to offset the risk.