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Jan. 3, 2008 - this time may be a charm for 808 Broadway / another contract


8 months, 5 price drops, 2 contracts later
#2J at 808 Broadway is a bit of a fave on MLG, which I hit on October 18 after it dropped to six figures (déjà vu (again) as 808 Bway drops price (again)), and in August when it came back to market after being In Contract without closure (oh dear / 808 Broadway #2J is back). It is In Contract in our system as of this morning.

As I said on August 24:

It has "1,100 sq ft" and a "zen-like 200 sq ft private outdoor space" (I get 364 sq ft from the 26 x 14 dimensions given). As configured, it has only one bedroom and only one bath. (They say it "easily transform[s]" to two bedrooms, but I ain't buying that.)

With a price history that starts in March at $1.25mm, this would have been a long year for the seller. Add to that history a contract signed in June (when the ask was $1.125mm) and two price drops thereafter, 2007 must have been a very long year.

With any luck, this buyer will sail through the Board at The Renwick.


© Sandy Mattingly 2008


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