Price chops galore: 225 East 34th Street

so many price chops, the Charleston has been renamed "the Karate"

I love how Prudential blends actual pictures of the living room and kitchen with a rendering of a high-end bathroom. What, they ran out of batteries when photographing the place and couldn't complete the bathroom? So shameful.

http://www.prudentialelliman.com/Listings.aspx?ListingID=928842

wow some developer is getting his head handed to him

I had a foot in mouth incident recently. Met a friend of a friend and NYC real estate came up. She said, what about around 34th Street and 2nd Avenue. I just shook my head and proceeded to tell her what was wrong with the area. Then she said she bought at the Charleston. Oops... I mean for her.

Hi Verain,

Care to share your thoguths about what is wrong with the area? Would very much like to hear you opinion. Thanks!!

willie--area is nice, just Charleston is not very desireable...34th street, next to tunnel exit, limited views. The tax abatement when runs out is going to cause the real estate taxes to be astronimical. 34th street is very busy, lots of traffic...

how long is the tax abatement for?

do you think some of the other newer developments coming onto the market will behave in the same way. building not fully sold out and probably a few flippers. chelsea stratus is another lcor development comes to mind.