I think you are fine with 745. Its an entire building plus it is NYC. You have land! and there is only so much of that here. People who bought condos here at peak as an "investment" and are renting them for up to $1000 less per month than the mortgage are the ones getting hit hard. Toll Brothers Building on waterfront in williamsburg are selling last remaining condos for almost half of what they were in the beginning.
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- ken 2-13-2009 2:33 pm