Original prices at 127 West 82nd Street

i dont think greed has anything to do with it.. if u have something that someone else wants, and that someone else will pay up for it - by all means, that's not greed.. that's capitalism and common sense. my spouse got me a couple gold rings years ago at $400/ounce and we just sold them for 1000/ounce. i wasnt being greedy, iwas just selling what market was... now commodiites are obviously different as there is a very liquid market for them and nyc real estate is not. but either way, i dont think it's greedy to list where you want and get hit with some discount by buyer.. that's why we are in America!

honestabe: That was a bulk sale of occupied units to an investment vehicle.

It is not greed, it is selling assets at the market price. Get over it. Everybody wants market price when they go to sell their assets, no matter what they paid originally, it is the way the system works.

honestabe: do you live in Cuba? just kidding!

You sold your wedding rings? There are certain objects that are meant to be priceless....

Didn't say wedding rings. Only "a couple gold rings" Who knows what kind of rings they are. I wish I could find them and hold them for jenny, one day she might want them again. How do you catch a cloud and pin it down, but how do you make them stay, and listen to all you say . . .

Actual lyrics - how do you make her stay. Sorry about that.

I went to the open house today for 8B (needs renovation but the layout and light are nice). However, I am concerned about a building where so many of the units are now owned by an investment company. Can anyone layout the risks involved in buying in a building where 40% of the units are owned by a single investment company (and the apartments occupied by presumably rent controlled tenants)? Anyone know what happened to the original sponsor/what is the backstory on the sale of the 16 apartments last year?
thanks

The building has an ongoing assessment, twice the cc.