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Manhattan Loft Guy

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

out of range, out of mind ... setting records or delaying sale?

Jan. 28, 2009
Categorized in: pricing analysis
The risk in pricing a Manhattan loft above where anything in a building has sold is that potential buyers will be turned off by the price before considering the plus factors you tout to justify a record price. In this market, that is a risky approach -- a