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This building was built for a market that likely no longer exists (big offshore money that's looking for a safe parking space.) The Feds cracked down on that money somewhat, and the Covid recession but a ding in its volume. I have a feeling this apartment will sit for quite some time, and eventually go for much less than ask.
You think the Feds cracked down on foreign money coming in? lol
It's not the Feds. It's the home countries who are trying to prevent capital flight. Especially China.
I'm thinking fire or a power outage. I'm not walking up all those steps.
During the last major power outage, those who were living in walkups were living fine.
Had water. Prior to, I didn't know you needed electricity to pump up water to the upper floors.
Yuck...give me a rustic, lodge-like cabin on a pretty lake---I detest that penthouse--and the over-the-top platitudes of the realtor make me want to vomit...
I'm thinking fire or a power outage. I'm not walking up all those steps.
During the last major power outage, those who were living in walkups were living fine.
Had water. Prior to, I didn't know you needed electricity to pump up water to the upper floors.
Anything higher than 6 stories. Thats why buildings have water towers but thats for another thread.
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