Sale at 205 West 76th Street #601

Just so you know the sponsor is selling the exact same unit only four floors above for 2,550,000. So, it's not a matter of making a profit, it's what a buyer is willing to pay. And, at The Harrison they are willing to pay for quality in so many ways.

such a compelling argument.

I've seen the Harrison from the otside and I sort of like the location. What makes this place so special again? I not questioning the quality, I'm just not familiar with why it's such high quality. The layout is kinda....boiler plate.

fwhite apparently does not know the difference between "selling" and "asking." what a surprise.

901 closed for 2MM. Same floor plan??? not sure but, if it is......

First off, the sponsor is very negotiable. So that 2.5mm price is not the true price on the higher floor. What you are paying for at the Harrison is great location and a great gym.

But, if 601, is the one I am thinking of that faces south on 76th street, then you are going to have construction of the new building across the street for at least a year, your light will be blocked off by new construction, and then, like most of apts in Harrison, you will be looking dead on into a brick wall from every window. Plus, in this apt, like most at the Harrison, the front door opens up directly into the kitchen. Reminds me of college housing.

And consider, when the building opens across the street, which is being built when material costs are rock bottom and might be priced lower than your apt, how do you think your resell value will hold up? If I were a seller here, I would immediately drop the price to my purchase price and try and get out whole at 1.7mm before more apts come on the market and you end up in a race to undercut your neighbor. Take a clue from the chaos of trying to sell overpriced apts at the Trump buildings on RSB. Take a look at the resells at Avonova and take a drink of reality.

Want to do an over/under on what this apt. sells for?

To Columbia County, I do know the difference, and your "what a surprise" doesn't make any sense at all since you don't know me. By the way, 701 recently closed for 2,025,000.

yes 701 closed a 2,025,000 and 901, which should have gone for a higher price, sold a month later at 2,000,000. I'm not sure but it looks like 901 flipped a contract which would make one assume that they didn't get their original price back, let alone, price plus transaction costs.

fwhite: what makes you think that the very costly apts at the Harrison which sold at the peak of the market won't suffer the same price depreciation that other new developments have suffered? Right now, these apts are still selling at high prices even though below original price points. But time will tell. In a market where mortgages are hard to come by, cash buyers are rare, and there are currently five 2 bed apts in this building for sale, I think prices will continue to come down. I think that we will look at this thread a year from now and be shocked at how much the prices of these apts fell.

fwhite: to read your post is (unfortunately) to know you. yuck.