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Sales at 176 West 86th Street. over 10% of units for sale

Started by bugelrex
almost 17 years ago
Posts: 499
Member since: Apr 2007
Discussion about
Does anyone know of any issues with this condo building? There are over 10% of units for re-sale.. http://www.streeteasy.com/nyc/building/176-west-86-street-new_york Many of the units are duplex but with only have 15ft ceilings, so technically they are only ~350sqft .. Any insight to why so many resales? Land-lease? roaches?
Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

Probably flippers

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Response by bugelrex
almost 17 years ago
Posts: 499
Member since: Apr 2007

i think they were more like "tier 2 flippers".. owners who intended to live in the unit for 2 years to get the tax benefit and then flip it for profit..

.. pretty much describes most buyers in the last 3 years

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