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
Update: The Eldridge Street property has been withdrawn from the auction.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
Every borough has its buildings that tower, literally or figuratively, over the rest of the housing stock, notes the New York Times. (Well, almost every borough: Staten Island’s upper crust tends to live in single-family houses.)
The residents of these august structures say their homes in Queens, Brooklyn and the are every bit as Continue reading