When it comes to purchasing a property in which someone died, good luck easily finding out that was the case. One reason for secrecy: Such a property generally takes longer to sell.
It doesn’t matter whether there even is a suspicion that someone perished from natural causes, accidental ones, murder or suicide, but state law protects brokers, owners and mere occupants from having to disclose that information.
Nor must they disclose (more…)


Out and About: Bad karma exacts heavy price
April 16, 2012Another unit in the same line of a Murray Hill condo that has been stigmatized by suicide.
The one-bedroom condo in Murray Hill was originally listed last August for $699,000. Monthly common charges are $525 and real estate taxes $397.
The asking price was cut, pointlessly, to $690,000 in October and then two weeks later, to $679,000.
In early December, the apartment was taken off the market and now is back.
Before I bring you up to date on the reason for the gap, (more…)
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Tags:Apartments, Co-ops, Condos, East Side, First Avenue, House prices, Lexington Avenue, Manhattan real estate, Murray Hill, New York City, Second Avenue, Stigma, Suicide, Third Avenue
Posted in Co-ops and Condos, Commentary, Housing Markets, Manhattan, New York City, Out and About, Real Estate | Leave a Comment »