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Another 700 apartment drop in inventory. Wassup?

Started by The_Queen
over 17 years ago
Posts: 7
Member since: Jan 2009
Discussion about
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Response by Topper
over 17 years ago
Posts: 1335
Member since: May 2008

I think perfritz (spelling?) went on a buying binge!

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Response by aboutready
over 17 years ago
Posts: 16354
Member since: Oct 2007

specialK got more funding from the Treasury.

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

Sussed on another thread. Brokers trying to fudge inventory listings by not including the apartment no. Usually the number of listings "with" and "without" address are within a few hundred. Now there are 11,244 listings not under contract - up over 500 in the past few weeks - yet only 9,847 listings not under contract "with address" - down by thousands.

More inventory manipulation!

Streeteasy, please, come to the rescue!

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Response by 10105
over 17 years ago
Posts: 123
Member since: Feb 2008

Stevejhx,

Shh... If it it doesn't have an address, it doesn't exist.

You must have missed the memo. The market is booming!!!

Buy now...

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Response by 10105
over 17 years ago
Posts: 123
Member since: Feb 2008

(To be clear, I am kidding.)

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

No, 10105, you're not kidding. It's true. Ask JuiceMan - the market is BOOMING! Buy now or be priced out forever!

Just check this out:

"Union Square Housing Turns Trendy, Luxurious

"The building's apartments, which cost between $4 million to $13 million and will be available this summer, offer park views and include the old cast iron exterior as an interior design element."

http://www.ny1.com/content/ny1_living/96793/union-square-housing-turns-trendy--luxurious/Default.aspx

$13 million to live with all that traffic & noise! Right where the Odd Lots used to be, where they destroyed a building designed by the internationally-famous Maurice Lapidus, who designed the Eden Roc in Miami Beach! Now I understand that they're going to convert the old Circuit City into a loft, and bury Andy Warhol there, so his cadaver has a view of where he was shot.

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Response by 10105
over 17 years ago
Posts: 123
Member since: Feb 2008

Love the end....

"Only a third of the apartments have been sold, but others [buildings] are slated to open just off Union Square in the future."

"No matter how high the price tags go, locals do not expect Union Square to become too high brow. It just rounds out the neighborhood even more, making it as diverse as the city itself."

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Response by urbandigs
over 17 years ago
Posts: 3629
Member since: Jan 2006

its being worked on

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Response by Maraman
over 17 years ago
Posts: 165
Member since: Nov 2008

I noticed an accurate reduction on one of the buildings I follow, the District. All listings by the Sponsor selling agent were listed twice, until 2 days ago when this inventory reduction hit. The District double listings have been eliminated.
Thus, some of this redction could be accurate. Anybody else notice similar corrections?
I am sure Noah is on top of this, but I thought I should point this out.

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Response by wishhouse
over 17 years ago
Posts: 417
Member since: Jan 2008

urbandigs- what does that mean?

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