Notable Price Reductions
A: Another week, another set of price reductions to report over the last 7 days. The last report I noted 129 price reductions for Manhattan, while the past 7 days registers 130 price cuts, only slightly higher than last week's reported totals. Here are a few to keep an eye on.
TOTAL PRICE REDUCTIONS THIS WEEK ---> 130 (1 more than last reported)
STUDIO PRICE REDUCTIONS
153 East 57th Street; Apt. 18C
Size: 400 SFT + TERRACE
# Beds: 0
# Baths: 1
maintenance: $828
Asking: $345,000 (Reduced Three Times From $400,000)
*Bellmarc Website Does NOT show last price cut from $372,500 TO $345,000. Please inquire as central system shows reduction on 7/13/2006.
Price Per Sq. Ft.: $862 (Terrace makes valutaion higher)
Marketed By: Lewis Friedman of Bellmarc
1BR PRICE REDUCTIONS
201 West 16th Street; Apt. 5B
Size: 800 SFT
# Beds: 1
# Baths: 1
maintenance: $1,248 (High; Read My Post Here)
Asking: $675,000 (Reduced Twice From $715,000)
Price Per Sq. Ft.: $844 (Location Keeps Valuation Higher)
Marketed By: Joy Weiner of Corcoran
2BR PRICE REDUCTIONS
100 West 57th Street; Apt. 9N
Size: 1,150 SFT
# Beds: 2
# Baths: 2
maintenance: $1,888
Asking: $999,000 (Reduced From $1.095M & Below Mansion Tax Level)
Price Per Sq. Ft.: $869
Marketed By: Kristina Ojdanic & Greg Kammerer of Corcoran
**OPEN HOUSE SUNDAY JUL 16th 2:30-4:00PM**
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