Trimming at the Top End

That was quick. When we featured this place at 1 Pierrepont Street as Co-op of the Day as it hit the market a couple of weeks ago, the price tag was $6,250,000. As of yesterday, the hoped-for number had been lowered to a still-pricey $5,500,000. That kinda change gets you four bedrooms, water views, doormen, etc. Full details at the BHS website.

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Comments

In reality 12% IS only a trim!!!

Posted by: daveinbedstuy at December 3, 2008 11:24 AM

I am so fond of that bedroom with the 50s decor and those killer views.

Posted by: Ringo at December 3, 2008 11:26 AM

keep going.

Posted by: z at December 3, 2008 11:29 AM

Remains befuddling to me.

Posted by: Nokilissa at December 3, 2008 11:34 AM

It's not even a trim, DIBS. I think it was you who posted a comment a while back that the (stock) market was "testing the bottom." One could say that certain (real estate) brokers have been "testing the top"--a strategy that started to weaken a year ago. Contrary to what others here post, I don't think there have been much in the way of real price cuts as yet.

Posted by: dylanfan at December 3, 2008 11:49 AM

dang !
and $ 5000 CC is that monthly ?

Posted by: dutchman at December 3, 2008 11:52 AM

dylanfan...I think by their very nature the brokers are always trying to test the top, however delusional it may be.

That back and forth between the two threads was great. thanks

Posted by: daveinbedstuy at December 3, 2008 11:52 AM

No commenting on the baths yet? Middle bedroom has the choice of TWO baths, and there's no powder room at this price?

Posted by: cmu at December 3, 2008 12:19 PM