no lobby = no sale at 251 W 19? 1C price plummets

 
here we go again
Ihave blogged about 251 West 19 Street as the building in sore needof a lobby upgrade — which is planned. I really blogged about itbecause it had a listing with price drops totaling 40% (June5: how the (something) have fallen / 251 W 19 St at 40%off) and then a priceincrease — gaining some of that back — kind oflike the stock market’s volatility, no? (July 1:follow the bouncing price at 251 W 19 St – nowUP).
 
Check out these asking prices:
January 24    $1.995mm
February 1    $2.295mm
(offthe market June 7 until …)
July7           $1.975mm
August 2      $1.895mm
September 19 $1.575mm
 
the mystery unit
Thatis the price history for #1C, which I mentioned in passing in theJune 5 post:
 
#1C [link to the DG Nearylisting no longer works], which sold for $1.875mm last June,as noted above (1,341 sq ft) is again for sale at $2.295mm on an’ours alone’ basis through DG Neary.
 
Thishistory is all the more remarkable because of the June 2006 salefor $1.875mm. It is hard to imagine the conversations that musthave gone on since the owner brought it back to market in July withCorcoran at $1.975mm and after two drops is asking $300k less thans/he bought it for 15 months ago….
 
Itouched on this as a Corcoran listing in an aside, as this was thefirst Corcoran listing I had ever seen in which there is nodescriptive text (“I hope they did it on purpose”, I noted on September 2). (They still have not added any text tothe public web site.)
 
Theunit is still 17 feet high and partially duplexed, with an openmaster bedroom suite on top. Still “1,342 sq ft”. Still a One Bed Wonder, in fact.
 
Andstill on the market. Oh, the pain.
 
Open House Sunday Sept 23 1 – 2PM
Open House Wednesday Sept 26 6 – 7:30PM
 
As for the rest of thebuilding:
 
#3Cis still for sale, but has raised the priceagain (this week) to $2.4mm
Open House Sunday Sept 23 3:30 – 5PM
 
#3D (with morebling-bling than #3C and a $2.395mm asking price) sold and closedon September 1 (but still has not shown up on cityrecords)
 
#8D(much more bling-bling than #3C, as “words cannotdescribe…”) had been offered through PruDE’s Leonard Steinberg,et al., for $2.975mm, $2.795mm and $2.695mm has beenmarked Temporarily Off the Market this week. [update 9.24: backon the market this evening at $2.695mm]
 
4Agot tagged soon afterit came to market (July 3: adding 4A to the mix at 251 W 19 St / help nudge 3Calong?); itdropped the price to $2.1mm as noted in my September 2price drop at 251 W 19 (not #3C).
 
Looks as though only #3D is the only(wants-to-be-a-former) owner having any fun in thatbuilding.
©Sandy Mattingly 2007
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