Archive for September 28th, 2011

Co-ops in Manhattan auction draw limp bidding

September 28, 2011

The impossibly ornate Surrogate's Courthouse, where the auction was held.

Public Administrator Ethel J. Griffin’s poorly attended estate auction of nine apartments Tuesday produced sales totaling only $2.374 million.

Five of the properties ranging in location from Chinatown to Washington Heights failed to attract even one bidder.  A co-op on West End Avenue in Lincoln Towers sold to a sole bidder for its minimum of $300,000.

There were just two bidders for (more…)


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