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open house for a $16 mm property

Started by bfgross
over 17 years ago
Posts: 247
Member since: Jun 2007
Discussion about
check out http://www.streeteasy.com/nyc/building/279-central-park-west-manhattan now they have open houses for $16 mm penthouses in Manhattan. Sign of the times
Response by PMG
over 17 years ago
Posts: 1322
Member since: Jan 2008

Corcoran's purchase cost analysis: $2 million in deposit and closing costs, and $101,000 per month (after tax savings). Yes, I say someone who could afford that probably doesn't frequent open houses. I think they travel by limo escorted by a well informed broker.

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Response by angler7
over 17 years ago
Posts: 193
Member since: Oct 2007

Wow! Guess that's what happens when you don't get a nibble at $24.5M and are still on the market after 350+ days.

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