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Unrenovated sponsor sale

Started by 300_mercer
over 6 years ago
Posts: 10274
Member since: Feb 2007
Discussion about The Apthorp at 390 West End Avenue in Upper West Side
There are several unrenovated units listed for sale. Wondering why the sponsor does not renovate the units and sell. I would think that it would cost the buyer $400 per sq ft for high end finishes suitable for this building plus carry plus trouble. Call it all in $500 per sq ft. I would think that the sponsor can do it for less.
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