_ACompulsiveLiar_ t1_jde6gjg wrote
Reply to comment by TizonaBlu in Historic Flatiron Building sells for $190 million at auction by Orener
Yeah but these buildings are not priced to sell. They're priced to price. If they wanted to price to sell there woudl be no full floor units they would just cram 7 2 bedrooms on every floor. They price to price on purpose, because it's an investment building not a residential building. Literally nothing about standard residential development or real estate dynamics applies here. You talking about "2nd floor doesn't have a kitchen and that's weird" like whoever buys the top 3 floors of this building give a shit about the cost of building a kitchen. Who is buying the top two floors and being like "damn it I have to spend $2M and wait 9 months for my kitchen, to move in!"
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