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Is everyone in this building losing money?

Started by 30yrs_RE_20_in_REO
over 6 years ago
Posts: 9903
Member since: Mar 2009
Discussion about 551 West 21st Street in West Chelsea
As far as I can tell there hasn't been a market sale in this building for 2 years, and all 15 units which have tried since then have either been pulled off the market or are still trying (at least half of which are currently priced such that the owners are pretty much guaranteed to lose money off their purchase price). What is the prognosis for owners here?
Response by RickKellyAlta
over 2 years ago
Posts: 20
Member since: Sep 2017

Good question. I’ve asked but don’t have any clear answer as of yet

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Response by Wallacehartley
over 2 years ago
Posts: 0
Member since: Apr 2024

my comment is not showing...?

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Response by Rinette
over 2 years ago
Posts: 653
Member since: Dec 2016

Penthouse 19B has a nice chop. https://streeteasy.com/building/551-west-21st-street-new_york/ph19b?showcase=1

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Response by pinecone
about 2 years ago
Posts: 146
Member since: Feb 2013

For $36.5 you'd think they could have sprung for decent shower fixtures...

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