Posted by Leonard Steinberg on May 21st, 2014
As new neighbors such as the Nordstrom Tower, Steinway Tower, MOMA Tower and 220 Central Park South, 432 PARK AVENUE get added to the 57th Street area mix competing with One 57, a new classification of competitors has joined the mix: re-sellers/flippers….. or FABULOUS FLIPPERS? Yes, re-selling and flipping happens quite a bit on the high end as is witnessed by the multiple re-sales coming to the market at One57.