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SOUTH SLOPE $850,000
497 12th Street
Prewar two-bedroom, 1½-bath duplex, 1,055 square feet, with 300-square-foot outdoor space, tin ceilings, new kitchen with dishwasher and renovated bath with claw-foot tub. Common charges $340, taxes $183. Asking price $819,000, on market three months. Brokers: Kristina Leonetti and Jessica Buchman, The Corcoran Group. GMAP

KENSINGTON $250,000
300 Ocean Parkway
Prewar one-bedroom, one-bath corner co-op, 850 square feet with foyer, windowed eat-in kitchen, five closets and renovated bath with Tiffany tiles; building features elevator and laundry. Maintenance $630. Asking price $260,000, on market two weeks. Broker: Jeff Surowka, Abacus Properties. GMAP
Just Sold! [NY Post]


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  1. I don’t think i am the only optomistic person. Johnathan miller Yesterday said on bloomberg he see’s no declining in the Manhattan real estate market. The only problem he sees Is people getting mortgages and once that is fixed it will be fine. So let’s see we might have a bottom in the DOW and S&P indexes and if not we are really close and People will start making a lot of money in the Market once it starts going up and it will. We still have limited inventory In the Housing Market. We are still the safest big city in America. The last time I checked I never heard anyone saying they could not wait to move Oregon, New Jersey, North Dakota , South Dakota, Wisconsin,Idaho,Ohio,Kansas,Montana,North carolina,South Carolina You get the Point. But I have heard many say they want to move to NYC. Tell me I am wrong?

  2. Sebb – how do you respond to the Open House picks today that all had big price cuts? Let’s continue to see what happens. Again, nothing you nor I say makes a difference to the market, and you can say I have no clue but we all have our opinions of what looks likely (and you are in the distinct minority to remain so optimistic about NYC RE when many other indicators point to price increasing price declines to come) but of course, only time will tell….

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