By S.Jhoanna Robledo
"So is it a soft market, or isn't it? The consensus is forming: Sellers just can't overreach and expect a huge payout the way they did a couple of years ago. New York asked Streeteasy.com, an online database that gathers information on most listings in the city, to run the numbers and find the largest price drops of the year (leaving out mixed-use and multiple-unit buildings and new developments). Bargain-hunters and bonus-toters, this may be your moment."
1120 Fifth Avenue, Penthouse 15A A full-floor, two-bedroom,
two-bath
penthouse at Fifth and 93rd.
Asking Price Then: $12 million
Asking Price Now: $7 million
Drop: 41.6 percent - Full Article.
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