99% drop in RE values in Manhattan

take a look at the buyer and seller names

Always nice to see a mensch put his lady on the deed.

yes, I saw, same, but that didn't clear things up for me. Can you actually enter a transaction with yourself? Is this some practice I don't know about? What is the purpose of this? Or is it an entry screwup?

so West81st, this is a way to get her ownership? that's legal?

that was great...I've seen that happen many times in florida...

ok, feeling pretty green about the ways of the world right now....

The timing suggests tax reasons for transferring title in 2008.

Dick Fuld just did this with his wife in Florida. I think that happens more there because...

1) private houses, not co-ops (which won't like the comps)

2) Florida protects houses in bankruptcy, no matter how expensive....

its why all the US spammers actually live in FLA...

can someone explain to me how it can sell for that price...I know i'm stupid but why would you do this?

Customary token consideration. It doesn't mean anything.