StreetEasy Forums · Sales

The Plaza flip gone south

Started by notadmin

about 17 years ago

Posts: 3835

Member since: Jul 2008

Discussion about

Trying to flip it for $3.5M, but Wargburg and Sotheby's couldn't pull it off... Now it's "selling at a loss" time :-)

Response by anonymous

about 17 years ago

This is actually a foreign owner whose investment has been supported by the recent rapid dollar strength.

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Response by street_easy

about 17 years ago

Posts: 129

Member since: Mar 2007

Yes gleeclub. That's their story and their stickin' to it.

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Response by MH_1

about 17 years ago

Posts: 3

Member since: Oct 2008

Gleeclub,

What makes you think think that Oscar Schafer, a long-time New Yorker, is a foreign owner?

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