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Manhattan Loft Guy

Manhattan Loft Guy

Blog by Sandy Mattingly

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

raise, drop (rinse), repeat / loft pricing theory, explored

Dec. 4, 2007

Categorized in: pricing analysis

Tagged with: hudson, price drop, price increase, west 20, yoyo

When I talked about death-by-small-increments (above) I was thinking about the seller (and agent) being motivated to drop the price meaningfully motivate buyers to think now is the right price, while running the foot-shooting risk that buyers will instead

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