therealdeal.com – With roughly 10 percent of units remaining at One Riverside Park, Extell Development dropped prices at the Upper West Side condominium to entice would-be buyers, according to filings with the New York state Attorney General’s office.
The developer shaved prices at the 35-story building in April and again in May, according to filings recently reviewed by The Real Deal. The 219-unit tower had 21 unsold units in March, down marginally from 23 in September 2015, filings show.
In particular, a 5,700-square-foot condo once asking $25.75 million is now asking $21 million, according to filings. A $23.1 million condo spanning 6,200 square feet is now priced at $19.95 million, and a similar-sized unit – originally asking $19.8 million – is now listed for $18.85 million.
Categories: Real Estate