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Manhattan apartment sales worst on record, biggest plunge in 30 years
CNBC ^ | 06 02 2020 | Robert Frank

Posted on 07/02/2020 12:58:10 PM PDT by yesthatjallen

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To: yesthatjallen
How do people in states that use the word 'apartment' for living spaces in multiple unit dwellings that you can lease or that you can buy make the distinction?

Here in "crazy" California we refer to the places you can buy as condos and the places you can only rent as apartments.

21 posted on 07/02/2020 1:17:29 PM PDT by who_would_fardels_bear
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To: CodeJockey
I'd love to live in NYC’s Connecticut suburbs...and I will as soon as I win Powerball. For that matter I wouldn't mind living in Scarsdale (made famous by “Hey 19”) or New Rochelle (made famous by Dick Van Dyke).But a Powerball win is essential there as well.
22 posted on 07/02/2020 1:18:30 PM PDT by Gay State Conservative (The Rats Just Can't Get Over The Fact That They Lost A Rigged Election!)
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To: yesthatjallen

Given the disaster of New York City currently, no wonder people aren’t interested in living there now....


23 posted on 07/02/2020 1:26:17 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: yesthatjallen

Couldn’t happen to a nicer group of schmucks in the world. New Yorkers are responsible for the likes of Cuomo, de Blasio, Senator Schmucko, Jerry Nadler, Hakeem Jeffries, AOC, ET AL and they deserve the government they elect. The leftist swine will destroy America if left alone much longer.


24 posted on 07/02/2020 1:28:08 PM PDT by Kahuna
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To: yesthatjallen

Hmmm?

This all ties into what I hope in 5 years is the NEXT move for Trump. Reduce the Real Estate Empire and replace it with a MULTI-FACETED Conservative/Populist MEDIA EMPIRE.

Several CONSERVATIVE Channels - Cable - Maybe buy a Network
Social Media Platforms to break the stranglehold of Silicon Valley
Launch the TRUMP REPORT to replace what Drudge USED to be
Movie and Studio production - OUTSIDE Hollywood and CA


25 posted on 07/02/2020 1:30:27 PM PDT by LeonardFMason (Lou Dobbs)
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To: yesthatjallen
STAMPEDE!!!!
26 posted on 07/02/2020 1:31:30 PM PDT by mewzilla (Break out the mustard seeds.)
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To: left that other site

Here ya go. 275 sq ft co-op studio in Spanish Harlem for $90k. With the co-op fees however it’ll still set you back an estimated $1,233 a month counting fees.

https://www.zillow.com/homedetails/424-E-115th-St-2A-New-York-NY-10029/2080355270_zpid/


27 posted on 07/02/2020 1:32:26 PM PDT by 9YearLurker
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To: Starboard

WuFlu has already killed a greater number of people in NYC than the net population gain for 2019.

The bugout began a whole ago.


28 posted on 07/02/2020 1:32:56 PM PDT by mewzilla (Break out the mustard seeds.)
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To: yesthatjallen

Surprise? why would anyone want to move to NYC with deblabio in charge?


29 posted on 07/02/2020 1:45:00 PM PDT by I want the USA back (THERE ABSOLUTELY NEEDS TO BE A DEBATE TRUMP VS BIDEN! It will be the best show ever!)
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To: yesthatjallen

Is it a coincidence that the legendary Trump Towers and other Trump real estate will be hit by this loss? China signed the tariff laughing behind his back. He never saw it coming. And the CDC fell in lockstep with China’s treachery.


30 posted on 07/02/2020 1:53:54 PM PDT by The Westerner (Protect the most vulnerable: get the government out of medicine, education and forests!)
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To: yesthatjallen

Capital Flight


31 posted on 07/02/2020 1:55:27 PM PDT by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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To: kaehurowing
Who wants to live in a Covid-filled ghetto with rioters and looters?

And my former downstairs Queens neighbor, who has a real estate license to rent apartments (not sales), just quit his company to form his own apartment rental company. And just bought a house 2 blocks from our former co-op apartment, in a neighborhood going Chinese. He was not willing to leave the city, IMHO, because his mother lives 2 blocks from where he bought the house. I can't help but have dire expectations about the wisdom of his 2 moves. I am even more glad every succeeding day that I engineered my escape from the hellhole NYC is becoming, and this was before COVID or the riots was on the scene.

32 posted on 07/02/2020 2:00:21 PM PDT by EinNYC
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To: left that other site

That property has been on the market for almost a year.


33 posted on 07/02/2020 2:01:43 PM PDT by P-Marlowe (Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping List)
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To: yesthatjallen

I’d rather live in a shack in the woods....


34 posted on 07/02/2020 2:06:26 PM PDT by mowowie
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To: 9YearLurker

$787 a month for HOA?

I spend $80 a month and we have access to two pools ( one olympic sized) a fully equipped gym, tennis courts, A club house, exercise trails, two parks, baseball fields, basketball courts, picnic areas, Volleyball courts, direct access to mountain trails, a dog park and our own security company.

What does that dump offer for 10 times that amount?


35 posted on 07/02/2020 2:08:49 PM PDT by P-Marlowe (Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping List)
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To: left that other site
It's been for sale for almost a year. Before the monkeys tore up the town.

Must have been a real dump anyway.

36 posted on 07/02/2020 2:09:10 PM PDT by LouAvul (Put them in fear, O Lord: that the nations may know themselves to be but men. Psalms 9:20)
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To: yesthatjallen

Communist sh!thole. No one wants to live there and who can blame them. Even center left dems want out.


37 posted on 07/02/2020 2:12:10 PM PDT by Boomer (Leftists/Leftism ruins everything it touches.)
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To: left that other site
Oh LOOK! 600 sq ft for only $149,000. That’s the cheapest one I could find.

$1,592/mo HOA fees. More than my mortgage for 2000 sq feet on 5 acres.

38 posted on 07/02/2020 2:15:40 PM PDT by palmer (Democracy Dies Six Ways from Sunday)
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To: decal

Wait until New York sees their tourist business numbers.!!
The Mayor and Governor have cinched the doom of the “Big Apple!”
Too bad boys, you have screwed the pooch. Suffer now.


39 posted on 07/02/2020 2:16:52 PM PDT by BatGuano (Ya don't think I'd go into combat with loose change in my pocket, do Ya? Nunc Bibendum)
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To: yesthatjallen

Is WeWork still circling the bowl or has COVID completely flushed it?


40 posted on 07/02/2020 2:21:49 PM PDT by Rebelbase
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