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highest and best at the majestic!!!

Started by AgentRachel
almost 17 years ago
Posts: 275
Member since: Nov 2008
Discussion about
Ok sideliners, here it is. We have a listing in a PRIME co-op that we are selling Thursday for highest and best. See below and email me if you are interested. This is a SICK deal. REALLY! http://www.nytimes.com/2009/03/08/realestate/08deal2.html?_r=1&ref=realestate
Response by jmkeenan
over 16 years ago
Posts: 178
Member since: Jan 2009

ah, the 4th page of comments all to myself ... nice :)

nothing to see here, please move along.

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Response by sticky
over 16 years ago
Posts: 256
Member since: Sep 2008

I think some of those "If you can demonstrate market movement with comps" discussions have grown to 500 or 600 comments.

However I've never seen an innocuous posting by a broker grow into a huge ugly monster that turned around and bit her like this one did.

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Response by 407PAS
over 16 years ago
Posts: 1289
Member since: Sep 2008

Unfortunately, the content here has gone to zero, because there is no new information and will be none, for a long time.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

ok...for all of you (and me) panting for results. check out the listing

http://www.brownharrisstevens.com/detail.aspx?id=535231

looks like everyone passed on the sick deal.

agent rachel --- good job as always. lies, lies and more lies. what happened to your due diligence? not enough cash in the suitcase? strongly urge to to go for yet another name change.

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Response by upperwestrenter
over 16 years ago
Posts: 488
Member since: Jan 2009

Power Broker Wendy didn't sell this thing? Come on Wendy!! I believe in you

Nice smile by the way

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Response by alanhart
over 16 years ago
Posts: 12397
Member since: Feb 2007

Weird ... they forgot to correct the square footage estimate. What's up with that?

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Response by upperwestrenter
over 16 years ago
Posts: 488
Member since: Jan 2009

it's 10,000 sqr ft...don't you know that!?
HOW DARE YOU QUESTION WENDY AND HER POWER BROKER FRIENDS!!

THEY WILL SMITE YOU WITH THEIR SHINY SMILES

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Response by AgentRachel
over 16 years ago
Posts: 275
Member since: Nov 2008

There are strict requirements at the Majestic that must be verified before an official contract can be signed. Thats all you're getting from me for now.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

it's a billion square feet...it's the size of the planet jupiter. still not close to the size of agent rachel's lies.

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

AR: rules can't be that strict at the Majestic. Just read your listing, very little truth in that.

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Response by upperwestrenter
over 16 years ago
Posts: 488
Member since: Jan 2009

The Majestic has stricter rules then the NSA...they are watching us RIGHT THIS SECOND!
BEEEEEEWARE

AR, is there a briefcase of cash in your office? Are you making the drop in the "orange" section of the Hilton Parking Lot?

You impress me so much...you should write a book!

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Response by RE_Economist
over 16 years ago
Posts: 27
Member since: Jul 2008

Rachel,

I am not sure exactly what purpose you have in continuing to post here. From a credibility perspective, it's highly unlikely (read: impossible) that you will leverage this forum for any business purpose considering the hundreds of comments that question your morals, professionalism, empowerment, and capability. As such, it seems somewhat shortsighted to even continue to fuel the flame as if you are doing anything productive here.

As for you assisting Wendy (who I have met btw), it seems that you would serve both the lead agent and the seller (who would compensate you) interests by letting this thread die a slow death instead of continuing to unintentionally drop new charcoals on the dying flame.

To overinflate square footage is not your fault because you are not empowered enough to either come up with the original 2200 number or to correct it. You are a middle man for a middle man in an industry that is already oversaturated with middlemen offering little or zero value.

This isn't a fight for your reputation or name, as you are as irrelevant as the thousands of other brokers who will go up in flames as the real estate industry is redefined. Let it go and preserve the last bit of professional dignity you have remaining.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

once a liar, always a liar...don't you realize she can't stop! maybe she wants to, but she can't.

Wendy is not a mere lead agent but a power broker...please let's keep that straight.

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Response by waverly
over 16 years ago
Posts: 1638
Member since: Jul 2008

What the hell is that thing on the end of the mantel?

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Response by bender1961
over 16 years ago
Posts: 50
Member since: Nov 2008

come on guys, stop jumping all over her. the listing says "approximately 2200 sq ft," not "exactly 2200 sq ft." what is the problem?

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Response by upperwestrenter
over 16 years ago
Posts: 488
Member since: Jan 2009

Bender, I think it would be more accurate if it read, "this is NOT 2200 sqr ft"
Speaking of which, if you're cool with "approx" meaning off 30%, I have some credit swaps to sell you

LONG LIVE POWER BROKER WENDY

and RE_Economist...well put...bravo...I loved every second of that

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Response by waverly
over 16 years ago
Posts: 1638
Member since: Jul 2008

Bender, then why not say "approximately 3000 sf"?

How about I offer "approximately $2.850 million" and by that I mean $1 million. They wouldn't like that so much would they?

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

exactly....why are you defending her? read what she said about her sick deal. how would you characterize 1,500 sq ft? how about 1,500 sq. ft? why did she say they were finalizing an offer?

all you for real or another alter ego?

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Response by bender1961
over 16 years ago
Posts: 50
Member since: Nov 2008

come on, guys, put down the pitchforks, i was making a joke. I should've put a smiley on it, but SE doesn't provide those

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Response by bender1961
over 16 years ago
Posts: 50
Member since: Nov 2008

:)

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

my apologies...I should have gotten it. at least approximately.

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

No deal, apparently. The listing is back to standard prose. http://www.bhsusa.com/detail.aspx?id=535231

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Response by sticky
over 16 years ago
Posts: 256
Member since: Sep 2008

ROFL, I was wondering if this thread would ever come back.

Hope nobody forgets about Larry's $225K coop he's now trying to sell for $489K.

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Response by jimstreeteasy
over 16 years ago
Posts: 1967
Member since: Oct 2008

re-ecdonomist...: well stated

I haven't read this thread -- did anyone bid at the auction?...Did anyone ever agree on the sf?...

Is there a syndrome of self-flagellating posters who put themselves up over and over again for abuse? (AR?...407PAS?)

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Response by BSexposer
over 16 years ago
Posts: 1009
Member since: Oct 2008

AgentRachel - all I have to say after reading all 325 comments on this thread is...you're really hot. Let's hook up. LOL.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

well, she's gotta be good for something. a hell of a different kind of sick deal. meanwhile the stupid listing still says 2,200 sq ft. don't know whether to laugh or cry.

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Response by buster2056
over 16 years ago
Posts: 866
Member since: Sep 2007

bump

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

BHS has quietly reduced the asking price a further $450K, to $2.4MM. Could mean they have solid bid and are trying to attract something better. More likely, it just means the listing is progressing normally toward market value.

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Response by Apt_Boy
over 16 years ago
Posts: 675
Member since: Apr 2008

West81st - Not so quiet, it is listed @ $2.4mm on the webdsite

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Response by alanhart
over 16 years ago
Posts: 12397
Member since: Feb 2007

"She worked as a broker for a large real-estate company for three years until January, when she says she hadn't made a sale in six months and had $2 left in her bank account. She now performs at Flash Dancers in Midtown.

With real estate, you can work 10 hours a day showing people apartments and you never know when the next sale will be," said Haverton, who lives on the Upper East Side. "But with dancing, the money is instant. Now that I make better money as a stripper than as a real-estate agent, I'm going to buy my own apartment."

Becky, 24, who lives in the East Village, was a pastry chef before becoming a "massage girl" recently at Rick's."

http://www.nypost.com/seven/03292009/news/regionalnews/axed_gals_take_pole_positions_161908.htm

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

Apt_boy: I just meant "quietly" as opposed to "HIGHEST AND BEST" and "SICK DEAL".

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

quote from second post on this string:

"patient09

there is ZERO chance they get 1,999,999 for this. It is 1700 f2 at best. It would trade $1,150 f2 if it were in great condition.

$1,445,00 is closer to fair value"

how long till the next drop, I wonder?

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

Open houses Sunday and Tuesday. By appointment, of course - just one of the strict requirements at the Majestic.

I'll bring the measuring tape. For the square footage, that is. I'll let Columbiacounty measure AgentRachel.

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

81: From a technical point, If you need an appointment, then doesn't that disqualify it as being an "open house".

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

Happened to be walking by this morning, and noticed 15K still has its original (and dirty) windows, whereas most of the other apts have had theirs replaced. Also window AC, unlike the rest. It really is the poor stepchild of 115 CPW.

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Response by sjbh
over 16 years ago
Posts: 90
Member since: Feb 2009

This dead horse has been beaten until it is just a small stain in the carpet.

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

Nah, it isn't pet food until the place sells.

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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

$1.4MM minus $300K for staleness.... great going! NIce jobs brokers.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

that's the problem with the stupid approach that they took. couldn't scare up a bid at $2.0 million so know they lower(???) to $2.4? seems like if no one is willing to bid $2 million, that you need to lower the ask below that figure not above.

and while they're at it, perhaps spring for a couple of hundred to wash the damn windows.

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

So SE now has the listing at 1,500 F2, congratulations to BHS for getting this sorted out.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

look more carefully...copy line still says 2,200 sq ft. ah well, some things never change

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

gotta walk before you can run, baby steps

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Response by BaronArtz
over 16 years ago
Posts: 36
Member since: Feb 2009

But agent Rachel's name was removed from the BHS listing. Or is that OLD news?

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Response by AnonMan2002
over 16 years ago
Posts: 165
Member since: Feb 2009

no contract yet, eh?

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Response by youngbuck
over 16 years ago
Posts: 39
Member since: Apr 2009

this poor girl is fucking screwed for posting on here.

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Response by kylewest
over 16 years ago
Posts: 4455
Member since: Aug 2007

It's really irresponsible to keep 2200 sq/ft in the listing description. Shame on the agency.

And FWIW, if you are not going to show the interior because it is such a wreck you can't even photoshop a decent photo out of it, why include one ridiculous shot of what appears to be a mantel on a decorative fireplace covered with clutter? I swear, people are really stupid. I'm not an agent and don't work in RE and I can see this--but a "professional" can't see it? And people wonder why their is so much RE agent bashing. Many of them act with nothing less than contempt--or even worse, indifference--for buyers' intelligence.

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Response by kylewest
over 16 years ago
Posts: 4455
Member since: Aug 2007

"there," not "their"

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

Wow, sucks to be Agent Rachel.

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

Odd to see Ms. Maitland and her Majestic listing cited in The Real Deal for creative selling:
http://ny.therealdeal.com/articles/selling-with-sealed-bids
The article goes on at length about Wendy's auction, but omits one crucial detail: that it failed.

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

To be fair, at the time of the interview, she may have thought the auction had yielded a likely buyer.

If nothing else, the auction garnered a lot of publicity for Team Maitland - both good (Real Deal) and bad (this thread)

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

Not only did it fail, but she let the fraudulent declaration of 2,200 sq ft live on.

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Response by Jerkstore
over 16 years ago
Posts: 474
Member since: Feb 2007

Owned.

And not-owned.

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Response by AnonMan2002
over 16 years ago
Posts: 165
Member since: Feb 2009

it never ends.

lovin' it. maybe if we keep this alive whenever someone searches for her in google, this thread will pop up on the top

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

the funny thing is that were it not for agent rachel's original sick post, power broker would have gotten away with this free and clear.

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Response by upperwestrenter
over 16 years ago
Posts: 488
Member since: Jan 2009

well, not really...money talks and bullshit runs the marathon...
Which is to say, they haven't sold the place, and won't with that price tag/attitude

Carnegie, I think you should take over as broker...I have faith in you

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Response by alanhart
over 16 years ago
Posts: 12397
Member since: Feb 2007

We're coming up on the six-month birthday of this 2,200 sf listing.

PARTY!!!!!

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

Alanhart: Good catch. Six months is an important milestone in the lifespan of an exclusive. The heir/owner will have the final say on the way this listing has been managed. Our opinions (all 358 of them) don't matter much. His does.

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

West81st, they may matter if he's aware of them, needs to sell and hasn't felt comfortable taking it off the market, and is about to have the exclusive expire.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

this seems like a classic case of chasing the market down...last fall, $1.9 million probably would have looked good for this ---now it's not even close.

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

Here we are in July, and still no movement. Still 2,200 sf at http://www.brownharrisstevens.com/detail.aspx?id=535231. Wendy Maitland is way out of her league at 115CPW.

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

Here we are in August, and ....

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

something tells me that wendy's got way bigger problems. power brokering ain't what it used to be.

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Response by alanhart
over 16 years ago
Posts: 12397
Member since: Feb 2007

This deal is so SICK it's been moved to the ICU ... no visitors!

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Response by alanhart
over 16 years ago
Posts: 12397
Member since: Feb 2007

.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

Am I missing something on the square footage? If the floorplan is scaled accurately it doess measure over 2000 square feet. (and I love beating up flase square footage listings)

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

Hmmm, I don't remember where the 1500 came from, if not from somebody else measuring. The feed from BHS at http://www.streeteasy.com/nyc/sale/365898-coop-115-central-park-west-lincoln-square-new-york lists it at 1500 in the sf field but 2200 in the copy.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

Ya it is strange. While that could have been a typo, the floorplan for the main section of the apartment on the last BHS listing looks to be 40 feet by 37 feet.
The floorplan on the earlier streeteasy link looks to be 38 by 35 feet!

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

look again....the main section is roughly 32 by 32 or 1,024 and the other section is roughly 20 x 20 or 400.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

Um defenitely not on the BHS floorplan. If you click on the window and then click once on it for the zoom feature. It sizes up to the specs.
If you take a ruler and measure on one of the rooms, (interior walls like the living room)it's pretty close to 2.3 inches wide (23.6 feet stated) and 1.4 inches (14 feet high)
So every inch is 10 feet.
Measure the main section first (exterior part of the line or walls) which consist of the 2 bedrooms, the bath, 3/4 of the foyer and the appliance section of the kitchen. 4 inches wide (or 40 ft) by 3.7 inches or 37 feet. That's 1480 feet.
Now the dining room and the majority of the kitchen left is 2 inches wide or 20 feet.
The rest is negligibly trick as you have a walk in closet sticking out the left but the dining room is not as deep as the foyer. I split the difference between the 3 inch (30 feet) height or 2.4 inch (24 feet height) for an average of 2.7 inches or 27 feet.
20 by 27 is 540 sq ft.

1480
540
------
2020 sq ft.

And that is if the BHS floorplan is correct. The older streeteasy one is indeed smaller.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

reposted for spelling and more accuracy on a number or two.

Um defenitely not on the BHS floorplan. If you click on the window and then click once on it for the zoom feature. It sizes up to the specs.
If you take a ruler and measure out one of the rooms, (interior walls like the living room)it's pretty close to 2.3 inches wide (23'6 feet stated) and 1.4 inches (13'9 feet high stated)
So every inch is 10 feet.
Measure the main section first (exterior part of the line or walls) which consist of the 2 bedrooms, the bath, 3/4 of the foyer and the appliance section of the kitchen. 4 inches wide (or 40 ft) by 3.7 inches or 37 feet. That's 1480 feet.
Now the dining room and the majority of the kitchen left is 2 inches wide or 20 feet.
The rest is negligibly tricky as you have a walk in closet sticking out the left but the dining room is not as deep as the foyer. I split the difference between the 3 inch (30 feet) height or 2.4 inch (24 feet height) for an average of 2.7 inches or 27 feet.
20 by 27 is 540 sq ft.

1480
540
------
2020 sq ft.

And that is if the BHS floorplan is correct. The older streeteasy one is indeed smaller.

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

wendy raised the price again.

11/15/2008 Listed in StreetEasy by Brown Harris Stevens at $3,750,000.
01/13/2009 Price decreased by 7% to $3,500,000.
02/03/2009 Price decreased by 6% to $3,275,000.
02/27/2009 Price decreased by 13% to $2,850,000.
03/31/2009 Price decreased by 16% to $2,400,000.
04/01/2009 Price increased by 2% to $2,450,000.
09/01/2009 Delisted temporarily.
09/10/2009 Re-listed by Brown Harris Stevens.
09/10/2009 Price increased by 12% to $2,750,000.

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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

seriously, gonna hire a homeless guy to walk w/ a sign in front saying "sick deal" FLMAO.... you think it'll make the news... i shoud use my attorney to hire the guy... this way i can hide behind client's rights... LMAO

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Response by lef2009
about 16 years ago
Posts: 96
Member since: May 2009

So, did it ever sell?

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Response by columbiacounty
about 16 years ago
Posts: 12708
Member since: Jan 2009

nope...still on the market. however, no longer a sick deal as they raised the price by $300K to $2,750,000.

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Response by AnonMan2002
about 16 years ago
Posts: 165
Member since: Feb 2009

thanks for bumping this...how's the OP of this thread doing?

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Response by yourleeder
about 16 years ago
Posts: 4
Member since: Dec 2009

I read the first page here and couldn't find the address of the apartment.
Thanks

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Response by NWT
about 16 years ago
Posts: 6643
Member since: Sep 2008
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Response by dmf13
almost 16 years ago
Posts: 150
Member since: Feb 2008

It's back--New broker who states it's "extremely well-priced' at 2.495M. Hmm.

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Response by dmf13
almost 16 years ago
Posts: 150
Member since: Feb 2008

Guess it's not interesting anymore!

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Response by dmf13
over 15 years ago
Posts: 150
Member since: Feb 2008

What a seesaw, now it's been staged is priced at 2.650mm.

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Response by West81st
over 15 years ago
Posts: 5564
Member since: Jan 2008

At last, the ordeal ends.
11/15/2008 Listed by Brown Harris Stevens at $3,750,000.
01/13/2009 Price decreased by 7% to $3,500,000.
02/03/2009 Price decreased by 6% to $3,275,000.
02/27/2009 Price decreased by 13% to $2,850,000.
03/31/2009 Price decreased by 16% to $2,400,000.
04/01/2009 Price increased by 2% to $2,450,000.
09/01/2009 Delisted temporarily.
09/10/2009 Re-listed by Brown Harris Stevens.
09/10/2009 Price increased by 12% to $2,750,000.
11/11/2009 Delisted temporarily.
01/15/2010 Later Listed by Sotheby's International Realty, Inc. at $2,495,000.
08/13/2010 Sotheby's International Realty, Inc. Listing sold. Last priced at $2,695,000.
08/13/2010 Sale recorded for $2,340,000.

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Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

See ... have faith in the marketing genius of Agent Rachel.

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Response by West81st
over 15 years ago
Posts: 5564
Member since: Jan 2008

Absolutely. She set the table. Sotheby's just ate the meal.

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