Available not available, listed no longer listed, in contract then nit, and multiple listing prices and closings for apts apparently still on the market?
Is this a bait & switch ploy? Anyone know what has really sold ie closed other than the 8 apts listed in SE?
Are banks giving potential buyers mortgages based on such long lag time in closings?
Just so I don't jump the gun on this one . . . here are the facts.
16A was shown in the AG filings as sold to a third party on 10/12/2007 for $6 Million (with a $600,000 downpayment). That's a fact.
The actual sale came through to a party with a different name for $5 Million. That comes to just over $1,800 SF . . . for a really low floor, but one with a wraparound balcony.
Without knowing more -- it looks like the $6M buyer either bailed or sold at a huge loss -- but someone please correct me with other possibilities.
For amusement, check out the "asking" prices in the listings for this property. They started at $8.25M in 2007 and dropped steadily, with the latest listing showing at $6.9M.
Available not available, listed no longer listed, in contract then nit, and multiple listing prices and closings for apts apparently still on the market?
Is this a bait & switch ploy? Anyone know what has really sold ie closed other than the 8 apts listed in SE?
Are banks giving potential buyers mortgages based on such long lag time in closings?
Price cut on 16A?
Just so I don't jump the gun on this one . . . here are the facts.
16A was shown in the AG filings as sold to a third party on 10/12/2007 for $6 Million (with a $600,000 downpayment). That's a fact.
The actual sale came through to a party with a different name for $5 Million. That comes to just over $1,800 SF . . . for a really low floor, but one with a wraparound balcony.
Without knowing more -- it looks like the $6M buyer either bailed or sold at a huge loss -- but someone please correct me with other possibilities.
For amusement, check out the "asking" prices in the listings for this property. They started at $8.25M in 2007 and dropped steadily, with the latest listing showing at $6.9M.