Different Prices for Similar Spaces at The Edge

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New York magazine took a look at two three-bed, three-bath condos for sale in The Edge. They’re very similar, except in price: there’s a $265,000 difference between them. So what allows for such monetary discrepancy? It ain’t size. The cheaper one, the 1,785-square-foot 20G (on the left), goes for $1.75 million. 26KL, on the other hand, is 1,707 square feet and $2.01 million. The shift in price is due to layout, turns out. “Apartment 20GH’s layout is fairly straightforward, with a slim kitchen separating the living and dining rooms with views of Brooklyn. In 26KL, however, the combined living-dining spans 30 feet and is bookended by terraces, with views of Manhattan.” 26KL, they say, is for folks who want to entertain.
Same Space, Different Place [NY Magazine]
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By lisa |