hard to tell...but if 15D is the same floorplan, it traded for 750k in 2004. I personally consider 2005 to be the beginning of the mania so I'd consider anything back to 2005 as a 'bubble comp', though every apt is differnt so it is more of a 'guidline' than a 'rule'. How you view the relavancy of those comps is completely up to you.
Upper West Side up 13% in 3 years
not bad, why isn't this selling?
No real discount for living above 97th?
hard to tell...but if 15D is the same floorplan, it traded for 750k in 2004. I personally consider 2005 to be the beginning of the mania so I'd consider anything back to 2005 as a 'bubble comp', though every apt is differnt so it is more of a 'guidline' than a 'rule'. How you view the relavancy of those comps is completely up to you.
The mania began in 2003, when they increased Wall Street leverage from 10x to 40x. Thence we go back.
Stevejhx
Who is "they"?
No second bathroom, and no place to put one. For the same money, you can get a better layout, location and building:
http://www.streeteasy.com/nyc/sale/212425-coop-515-west-end-avenue-upper-west-side-new-york
Are the brokers father and son?
"uncle" and "nephew"
I was recently awarded an Archie Bunker Award on this site, so I have to type things like that. My public demands it.
ew gross