Biggest Price Cut of The Day- Courtesy of OLR.
Something For The Haves.
17 west 64th street- The Penthouse-from $4,750,000 to $4,495,000 not a huge cut today with only a 5.5% drop of $255,000. This apartment has only been on the market for 4 weeks and is listed by Jill Sloane of Halstead Properties.
Show Me The Numbers.
17 West 64th Street- Co-operative.
$4,495,000
1400 Square Feet
$3120 maintenance
3 Bedroom
2 Bathroom
1 Wraparound Terrace
1 Wood Burning Fireplace
Something For The Haves.
And here it is, not a scalpel but a machete was used today to hack away at 655 Sixth Avenue-The O’Neil Building
#5B reducing the value from $5,995,000 to $5,000,000, a slice equal to 16.6%. Boy that’s a nice, slice.
Listed by John B. Gomes- Core Group Marketing
Can I get a drum roll please as we play…
Show Me The Numbers.
655 Sixth Avenue – A condominium
$5,000,000
1887 Erected
2989 Square Feet
3 Bedrooms
3.5 Bathrooms
1,491 Common Charges – not bad at all
3,141 Taxes – excuse me while I scream “What the *#!K?”
14 foot ceilings
36 x 28 Living Room
Posted in Price Cuts, Something For The Haves
Daily Price Cuts For New York Apartment Sales-Courtesy of OLR.
Daily Price Cuts - August 28th
Posted in Price Cuts
Something For The Haves.
New York City’s Most Notable Real Estate Deals.
Courtesy of Cityfile.
Hampton's Home For Sale
Blackstone Group co-founder Steve Schwarzman and his wife Christine have put their East Hampton home on the market. The 2.1-acre property, which the couple purchased for $2.3 million in 1996, is listed for $7.2 million. The couple will hardly be homeless if and when they sell it. The Schwarzmans are finishing up construction work on the much larger estate in Water Mill they agreed to buy in 2005 for $34 million. [WSJ, BHS]
• Developer Bruce Ratner has sold his 4,500-square-foot home in Montauk to art dealer David Zwirner for $10 million. He’s reportedly looking for a “less pricey” estate in Quogue. [NYP]
• Actress Molly Shannon has sold her apartment at 66 Ninth Avenue for $2.61 million. The three-bedroom pad, which Shannon bought for $1.6 million in 2003, had been listed most recently for $2.85 million. [Real Deal]
Something For The Wanna Haves.
Prices Cut on Most Remaining One Hanson Units-Courtesy of Brownstoner
Price Cuts - One Hanson Place
Here’s Something For The Haves.
136 east 79th S #11A was given a whopping cut from $7,500,000 to $6,200,000. That’s a 17.3% slice.
Show Me The Numbers.
136 east 79th street #11A (Co-op)
$6,200,000
$4632 maintenance
3 Bedrooms
3 Bathrooms
4 Wood burning fireplaces
1 maid’s room
39 weeks on the market
Daily Price Cuts For Apartment Sales Courtesy of OLR.
Daily Price Cuts August 25th 2009
Posted in Price Cuts, Real Estate News
Something For The Haves.
A huge drop today at 166 east 61st street from $2,500,000 to $1,995,000. An axe was taken to this listing price with a $505,000 cut or 20.2% according to OLR.
Show Me The Numbers.
166 east 61st street
$1,995,000
1983 Co-Operative
$3909 maintenance -(ouch!)
3 Bedrooms
3 Bathrooms
2 Views looking East and South
Listed by Richard M. Silverman of Belmarc Realty
Daily Price Cuts August 24th
Posted in Price Cuts, Uncategorized
Manhattan’s most notable real estate news courtesy of Cityfile.
Real Houswives star Jill Zarin and her husband, Bobby, put their apartment on the market just six weeks ago. But they’ve already been forced to drop prices. The three-bedroom condo at 401 East 60th Street, which the Zarins put up for sale for $3.2 million in July, is now $2.995 million. [Cityfile, PDE]
• Former Treasury Secretary W. Michael Blumenthal and his wife, Barbara, have purchased an apartment at 1095 Park Avenue. The couple, who sold their former home at 550 Park Avenue to socialite Phyllis Mack in January 2008, paid $5.6 million for the two-bedroom apartment. [Cityfile]
• Fortress Investment Group co-founder Randal Nardone has dropped the price of his 4,456-square-foot condo at 240 Riverside Boulevard, six months after putting it on the market for $11.75 million. The former billionaire, who picked up a massive apartment at 101 Warren Street last November for $22 million, has listed his former pad for $10.95 million. [Cityfile, Corcoran]
Posted in Uncategorized
NY 1 August 24th 2009
If you would prefer to sell your home but are not getting the price you need maybe you will turn to renting your home. These are some of the important responsibilities and pitfalls you will need to know.
1. You must list the price at market or slightly lower. The high level of inventory give’s renters the advantage. To succed in renting your home it must be priced as a good deal.
2. Do your homework before accepting a tenant-you must screen the applicant. Verify who they are, their financial and work background. Credit, criminal and personal checks are necessary.
3. You must let the tenant know that you wish to sell the property in the near future when the market can offer a better price.
4. The lease should state that you wish to sell the property and that the tenant must allow for open houses and private viewings. You should also have a termination clause in the lease in the vent that you do sell.
Posted in Real Estate News
Daily Price Drops- Courtesy of OLR
Daily Price Drops-August 20th 2009
Posted in Price Cuts
1. The East River Waterfront broke ground on Tuesday. [curbed]
2. The Apthorp Countdown-The Latest Drama and Deadline Looming [NY Observer]
Something For The Haves.
Masterfully compiled by [Cityfile]
Alec Baldwin has put his longtime co-op in the Eldorado on Central Park West on the market for $8.9 million. He’s reportedly thinking about trading it in for a four-bedroom apartment at the Dakota, which has been reduced from $24 million to $12.5 million over the past year. [NYP]
• Former GE CEO Jack Welch is in contract to buy a three-bedroom pad at One Beacon Court that’s next door to the condo he already owns. The 2,669-square-foot space was most recently listed for $8.995 million. Listed by-Brown Harris Stevens]
• New York Times columnist Paul Krugman and his wife, Robin Wells, have paid $1.7 million for former Times reporter Joseph B. Treaster’s three-bedroom co-op at 110 Riverside Drive. Meanwhile, the couple is currently in contract to sell their former apartment, a one-bedroom at 304 West 89th Street that was most recently listed for $599,000. Listed by Corcoran]
• Fashion heir Antonio Versace has paid “a little less” than $2.7 million for a two-bedroom condo at 44 Mercer Street.
• Dr. Richard Kaul has dropped the price of his townhouse at 69 West 83rd Street, which he bought for $3.6 million in 2005 and put on the market for $14 million last month. The manse is now listed for $10 million. [Cityfile, PDE]
• Real estate investor Michael Hirtenstein is reportedly paying $16.5 million for five units on three floors of the Enrique Norten-designed One York. [NYP]
I love The Real Deal, I truly do but they continue to report inaccurate information on a daily basis when it comes to the daily price cut. And again today is no different. They source Streeteasy for the biggest daily price cut but Streeteasy is 24 hours behind with the information it collects. There is a real time source that is flawless by nature as it is controlled by the brokerage community. When a listing changes the listing broker makes those changes within a database that is sent to all other databases accessible by any licensed brokerage house. That is the source that is used by nylsblog.com.
So, today’s biggest price cut is 55 Vestry Street #8C. The price cut is a whopping $2,045,000. A 22.7% price cut. The price dropped from $8,995,000 to the new price of $6,950,000. That is huge news.
Show Me The Numbers.
55 Vestry St. Condominium
$6,950,000
$3284 common charges
2644 Square Feet
3 bedrooms
3.5 bathrooms
22 foot ceilings
Posted in Price Cuts, Something For The Haves
Daily Apartment Sales Price Cuts-Courtesy of OLR.
Daily Price Cuts August 13th 2009
Posted in Price Cuts, Real Estate News, Uncategorized
While it’s true that The Real Deal reported a great price drop for 80 Riverside Boulevard it did not actually drop $1 million in one day. The price dropped yesterday $750,000 and today $250,000.
Today’s greatest price drop was 111 Jane Street. The Penthouse 4bed was cut by $505,000 and is now listed
for $5,995,000. That’s an 8% drop in one day.
Show Me The Numbers.
111 Jane Street
$5,995,000
3 Full floors
5256 Square Feet
4 Bedrooms
3.5 Bathrooms
6 Private terraces
3 Wood burning fireplaces
Listed by Joshua Judge of Sotheby’s International Realty
Daily Apartment Sales Price Cuts-courtesy of OLR.
Daily Apartment Sales Price Cuts
Posted in Price Cuts, Real Estate News
According to The Real Deal they had it down for $205,000 for 875 Fifth Avenue listed by The Modlin Group’s Reuben Davis. The Real Deal sourced the information from Streeteasy.
However, they are way off with their reporting today. The biggest price drop is for 80 Riverside Boulevard for a staggering $750,000 off the listed price by Alon Chaddad of Nestseekers International. With the price cut you can now pick up the combination 8 (yes eight) bedroom unit for a cool $13,500,000.
I’ll take two wrap them in blue.
Posted in Price Cuts, Real Estate News
Price Drops August 10th 2009
Daily Apartment Price Drops Courtesy of OLR.
Posted in Price Cuts, Real Estate News
NY1 - August 10th Real Estate Report
The delightful Jill Urban reports.
Listed by Elaine Reimer of Halstead
or call 212 501 3500 for further details.
Show Me The Numbers.
303 east 57th street – (Co-op)
1970 converted to Co-op
$825,000
$2302 maintenance
2 bedrooms
1.5 bathrooms
1400SF
15lbs – weight of dogs allowed
Daily Apartment Sales Price Cuts courtesy of OLR.
Daily Apartment Sales Price Cuts
And for the least expensive on the list;
Show Me The Numbers.
4 Lexington Avenue (co-op)
$329,000
$1,500
1 bedroom
24 hour doorman
4 barstools can fit around the kitchen island
DAILY APARTMENT SALES PRICE CUTS AUGUST 5TH-Courtesy of OLR.
Apartment Sales Price Cuts August 5th
Posted in Price Cuts, Real Estate News
