Selling multi-million-dollar Bronx homes ain’t easy

If you think Joe Korff has had trouble unloading the condos he developed at the Solaria in the Riverdale section of the Bronx, check out the Wall Street Journal’s piece today on Villanova Heights and the unsold multi-million properties there.

The 15 estates being developed on a 16-acre parcel were designed by Robert A. M. Stern.  According to the Journal: Continue reading

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Blogger flirts with false economy as a FSBO

I’ve been following the hopes, dreams and frustrations of a FSBO (For Sale By Owner, pronounced “FIZ-bow) in one of my favorite blogs for months.

As a broker always eager to list a property for sale, I must admit a large part of me was hoping that “Kathy” would be unable to chronicle in BrickUnderground a successful sale process.

Not long after they were married, Kathy and Rob realized they needed a bigger place than their studio on Manhattan’s Upper West Side.  Having pored over books, searched on the Internet and visited open houses, they had a good understanding of what would be required of them.

In March, they priced their apartment at $439,000, Continue reading