credit crisis/global recession over down on Walker St.

Everyone don't worry all is fine. At least that's what this genius broker/seller seems to believe for this listing at 51 Walker. Apt 8A. http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1405543 What is this 2006 again? $1mln profit in 18 months. Makes sense. http://www.streeteasy.com/nyc/closing/90988 How long do you think it takes for them to realize they're going to have to... [more]

Everyone don't worry all is fine. At least that's what this genius broker/seller seems to believe for this listing at 51 Walker. Apt 8A. http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1405543 What is this 2006 again? $1mln profit in 18 months. Makes sense. http://www.streeteasy.com/nyc/closing/90988 How long do you think it takes for them to realize they're going to have to take a loss on this one. I hope for their sake they realize soon b/c the longer they wait the more their monthlies increase thanks to the 421-A tax abatement making it that much harder to sell at an elevated px/sq ft basis. I don't wish anyone any ill will/financial disaster (which is upon pretty much all of us) but this is just outright offensive. To the seller...find a new broker. He is misleading you. [less]