What is going on here?

And then there are the knuckleheads next door who decided to *raise* the price after being on the market two years.

https://streeteasy.com/building/45-sutton-place-south-new_york/5m

Maybe they should have gone to their Board to demand the place be made dog-friendly? That would more than double the pool of buyers.

Needs some reno/updating, and maybe the assessment is turning people off? Wonder what the rest of the financials look like? A building that size (300+ units) should be on solid ground.

+1 on the dog friendly expanding buyer pool - There were so many listings on Sutton Place that caught my eye when we were looking that were not an option because of “no dog” policy.

As much as I love dogs, I don't want one barking her head off next door for 3 hours when I'm trying to work or relax. I'm in a no pets building (though we have maybe 3 somewhat suspect 'therapy' dogs), and the quiet is nice. (and yes, our apartments probably sell for less because of that, but I also benefited from a lower purchase price).

@Aaron - I absolutely respect that and get why no-dog buildings exist and have their own niche.