When I walked into a studio apartment in the high 60s on Central Park West, the gut renovation bowled me over.
So did the price, $980,00 with monthly maintenance of $1,166. That for a north-facing co-op of probably no more than 550 square feet on a high floor in a full-service post-war building. From the balcony, and only the balcony unless you stand at the window, there are superb views of the park.
But $980,000, I wondered aloud? I told the listing broker that I couldn’t imagine anyone paying that much, but he told me that Continue reading