Wow that was fast. This 70 Washington Street penthouse (PH-L) that was on the market on February 4 closed its sale on April 12 for $3,850,000 ($1,808 per square foot). The listing entered into contract on March 5, only a month after being in the market. The asking price was $4,200,000, so the sold price was -8.3%.
Elsewhere:
{Brownstoner: Last Week’s Biggest Sales, 20Apr2010}
{Streeteasy.com listing}
{On the Market: Gorgeous 70 Washington PH, 05Feb2010}
I guess the brokers failed to tell them their view will be gone in two years…. ooops
Not entirely true. The lot next door is not zoned to build higher than 7 stories.
And the lot where the garage is at Front & Dock is 12-14 stories and starts construction in 18-24 months… There goes that view and the value will drop to half!
I guess the brokers failed to tell them their view will be gone in two years…. ooops
Not entirely true. The lot next door is not zoned to build higher than 7 stories.
And the lot where the garage is at Front & Dock is 12-14 stories and starts construction in 18-24 months… There goes that view and the value will drop to half!
And the lot where the garage is at Front & Dock is 12-14 stories and starts construction in 18-24 months… There goes that view and the value will drop to half!
And the lot where the garage is at Front & Dock is 12-14 stories and starts construction in 18-24 months… There goes that view and the value will drop to half!
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