Sale at 260 West Broadway, in NYT?

i'm not 100% if this is the same property the NYT article talks about. The sq footage and address are correct, but prices are NOT! this one was listed way below the $20 million that was then raised to $25 million. Is this owner winning the TOP DELUSIONAL prize? http://www.nytimes.com/2008/09/28/realestate/28cov.html?pagewanted=2&_r=1 The house’s owner, Michael Hirtenstein, calls himself a “... [more]

i'm not 100% if this is the same property the NYT article talks about. The sq footage and address are correct, but prices are NOT! this one was listed way below the $20 million that was then raised to $25 million. Is this owner winning the TOP DELUSIONAL prize? http://www.nytimes.com/2008/09/28/realestate/28cov.html?pagewanted=2&_r=1 The house’s owner, Michael Hirtenstein, calls himself a “huge design fan” who has more homes in Manhattan, the Hamptons and Los Angeles than he knows what to do with since making a pile from his sale of WestCom, which installed telecommunications in Wall Street trading houses. He bought the town house for under $15 million in 2006 and let a friend live in it. Previously used as offices by a foundation, it was “in awful shape,” he said: the kitchen and elevator barely functioned, and the bathrooms needed work. He repaired them and put it on the market in February for $20 million. ... Meanwhile, the asking price has been raised to $25 million. At his stratospheric end of the market, Mr. Hirtenstein argues, he doesn’t have to worry about losing midlevel wanna-buys from Lehman Brothers who might have been looking for a mere $4 million apartment; he is offering one of the few single-family homes facing the private park. “In any market like this, there are people making money,” he said. “And there are other people who are just stinking rich.” [less]