The average 2-bedroom in Manhattan goes for $1 million. $200-$400k for a studio (aka "efficiency")
sj ---- Original message ---- >Date: Wed, 16 Mar 2005 10:29:25 -0500 >From: "Jonathan Cass" <[EMAIL PROTECTED]> >Subject: RE: [UC] 4200 pine, pricing >To: "'Susan Jacobson'" <[EMAIL PROTECTED]>, <[email protected]> > >"Certainly an "efficiency" for $270,000 is excessive - that's Manhattan >pricing" -- I don't think so, based on my weekly review of the NY Time's Real Estate section. It does seem expensive for UC. > >Jonathan A. Cass >-----Original Message----- >From: [EMAIL PROTECTED] >[mailto:[EMAIL PROTECTED] Behalf Of Susan Jacobson >Sent: Wednesday, March 16, 2005 10:00 AM >To: L a s e r B e a m �; [email protected] >Subject: Re: [UC] 4200 pine, pricing > > >Hmmm, > >The prices seemed rather high to me, too, particularly since it's a condo, and >you have to pay maintenance plus mortgage, plus you have to abide by the >condo owners association rules. It seems that, for this neighborhood, the high >price outweighs the cost of convenience factors. Is Penn expecting a bunch of >new medical school hires to move into these units? Certainly an "efficiency" >for >$270,000 is excessive - that's Manhattan pricing. > >What do the rest of you think? Are these maybe "asking" prices, to be lowered >once real buyers come along?? > >sj > >---- Original message ---- >>Date: Tue, 15 Mar 2005 23:26:34 -0500 >>From: L a s e r B e a m � <[EMAIL PROTECTED]> >>Subject: Re: [UC] 4200 pine, pricing >>To: [email protected] >> >>Matthew Snyder wrote: >> >>> I just got a flyer from Penn announcing pre-sales of the condos at >>> 4200 Pine, including a link to the project's website: >>> >>> http://www.4200pine.com >>> >>> I had to laugh when I looked at the prices. Are they really expecting >>> to get $425,000 for a 2BR/2.5bath condo? >> >> >> >>well now, the dp article DID say that penn was trying to >>accommodate SMALL families with these condominiums. I mean, >>let's be fair about this. >> >>http://www.dailypennsylvanian.com/vnews/display.v/ART/420b14ad8f275? >in_archive=1 >> >> >>......... >>laserbeam� >>[aka ray] >>"It's a big part of Penn's overall strategy for engaging in >>West Philadelphia" >> >> >> >> >> >> >> >> >> >> >> >> >> >> >> >> >> >> >>---- >>You are receiving this because you are subscribed to the >>list named "UnivCity." To unsubscribe or for archive information, see >><http://www.purple.com/list.html>. >Susan Jacobson >Assistant Professor >Dept. of Broadcasting & Telecom >Temple University >http://countlessstories.com >[EMAIL PROTECTED] > >---- >You are receiving this because you are subscribed to the >list named "UnivCity." To unsubscribe or for archive information, see ><http://www.purple.com/list.html>. > > >---- >You are receiving this because you are subscribed to the >list named "UnivCity." To unsubscribe or for archive information, see ><http://www.purple.com/list.html>. Susan Jacobson Assistant Professor Dept. of Broadcasting & Telecom Temple University http://countlessstories.com [EMAIL PROTECTED] ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>.
