Got Jammed by 11D
Started by 300_mercer
over 6 years ago
Posts: 10570
Member since: Feb 2007
Discussion about 390 West End Avenue #4D
I guess they have to take a $1mm price cut soon.
And 11J.
I love when this happens.
At least 4D will know why it is not selling.
How many times have I said that this is the way it happens? We haven't even seen the impact of foreclosures yet where banks need to liquidate properties and this scenario runs rampant. But that is starting as well. Just in the last month or so my office has gotten 3 half-finished 3 families in Bed-Stuy from the banks we represent (if anyone is interested in in small development).
I think here is simply the case of overpricing of 4D and competition from Belnord.