_ACompulsiveLiar_ t1_jddl9el wrote
Reply to comment by dbenc in Historic Flatiron Building sells for $190 million at auction by Orener
Brand new 2k sq ft in the flatiron building would go for well above 3m. Probably closer to 6m, with ~$3k/sqft. With the risk of construction/condo dev it seems like a reasonable buy.
TizonaBlu t1_jddummu wrote
You significantly overestimate the amount of wealthy people who want to live on 23rd, and in a building where tourists are constantly outside taking pictures.
_ACompulsiveLiar_ t1_jdduw1s wrote
No, I don't. Flatiron new developments are going for $2k-$4k/sqft right now and they are having no trouble clearing inventory (flatiron house for ex). Also owning a 5m property is not that selectively "wealthy" for a location as central as 23rd. It's a lot, sure, but there's also a lot of wealthy people in this city
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