LIC reductions? Interesting

They need to keep cutting.....

Still vastly overpriced. Another 50% to go.

Anyone have the insider stuff?

From the outside, it looks like stuff selling at less than previous sales...

Hey dco, I haven't seen you comment in a while. How have you been? I still haven't gotten to that restaurant yet, I hope to soon.

Interesting data on 5SL. The building just became occupied a couple of months ago, do you think those could be re-sales already? Wouldn't the original closing prices come up on streeteasy if those were re-sales? The first one was originally listed by the building at $797k, they had a few increases, but I wonder if the $767 is the price for the original purchaser? What do you think of 5SL compared to other condos in LIC? You don't get any good views from that building, but it seems like they did a good job with the layouts and finishes, and it is near the waterfront.

LICC- I have actually decided to lay low. To tell you the truth I just don't have much to say. I think the markets speak for themselves and my views on NYC RE have not changed. I posted this because it "appears" that they were re-sold at a lose. I actually have no idea, although I have noticed a few more listed for sales since the building started closing.

LICC- When you get the chance get to that restaurant. My guess is you will not be disappointed.