Luxury Real Estate in the News 09/21

September 22, 2009 by admin  
Filed under Luxury Houses For Sale

The main talking point recently seems to be the ongoing disconnect between buyers and sellers at the top of the market. The New York Observer has some good examples of this in Manhattan, quoting Kenneth D. Laub, who is asking $35 million for his Upper East Side townhouse as saying,  “If I’m overpriced, then so be it. If someone feels that the house is worth what I think it is worth, then they’ll buy it. And if not, then they won’t. And it’s not the end of the world one way or another.” New York Observer

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