When the asking price of luxury real estate falls in New York, it makes a very big sound. It's the sound of brokers screaming.
This week alone, a hip couple's downtown townhouse was listed for $13.85 million (down from $18 million and then $15.5 million), a billionaire's loft went from $37,500 per month to $29,000, a casino magnate's $35 million 15 Central Park West spread went to $31.5 million, an old Ron Perelman mansion dove from $40 million to $35 million, and a duplex belonging to a surgeon and a Barnard trustee (who doesn't like talking about her real estate) went from $39. read more »
Copyright Obser - Observer
