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 Continue reading
45 Sutton Place South
Update: The Eldridge Street property has been withdrawn from the auction.
In its first estate auction of Manhattan properties since March, the city is putting on the block 10 co-operative apartments to be sold Sept. 27.
New York Public Administrator Ethel J. Griffin is offering units ranging from Chinatown to Washington Heights. Among them are apartments on Sutton Place South, in the Lincoln Towers complex and on Carnegie Hill.
Minimum bids range from $45,000 for one of three limited-income co-ops to $950,000 for the ones on Sutton Place South and Carnegie Hill. Continue reading
60 Sutton Place South
The city is holding an estate auction March 24 of nine apartments with minimum bids ranging from $82,000 to $680,000. It is the first such auction of Manhattan properties in months.
The sale was announced on Sunday, and, in a departure from its usual practice, the office of Public Administrator Ethel J. Griffin advertised each unit separately in the New York Times classifieds in addition to its briefer display ad than in the past.
The real estate section was the only place where details about each apartment could be found (until this post, after a tedious treasure hunt through the listings). Strangely, the ads were not visible in an online search.
But the phone number where you supposedly can obtain more information is 212-788-8455. Don’t waste your time looking for the Web site.
At least two of the co-ops Continue reading