IUC Exclusive: Recession creates Record Low Real Estate Prices in Big Apple; Check out this Liquidation Price Listing

Posted on January 29th, 2009 by HisHighness in IUC:Exclusive

If you ever wanted to own a pad in Manhattan, now is the time to buy.  As people lose their jobs by the minute, apartments are listing for rock bottom prices.  Rentals, are half the price a year ago this time.  For example, one agent told me she’s renting two bedroom apartments in Manhattan for under $1800.00/month.  A year ago, the same apartment would have

Finally, live in NYC at rock bottom prices

Finally, live in NYC at rock bottom prices

been on the market for over 4k/month.  Another agent I know told me he’s renting studio apartments in Chelsea for $750/month.  A year ago, it would have been at least $2500.00.  And now this in from hot agent Luiza who’s listing a desperate last attempt avoid foreclosure special:  Luxurious, downtown loft apartment, with doorman and all amenities for under 500k.  This is unheard of in NYC.  Check it out:  (CCRNY)

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