LLNYC’s Look at Listings: A newly built townhouse gets a swift price chop

From LLNYC’s Look at Listings: There has been a townhouse at 156 East 62nd Street for decades. But recently, a brand spanking new townhouse has sprung up on this particular section of this particular street.

It’s current owners, the mysterious and unoriginally named 156 East 62nd Street LLC, snapped it up in 2014 for $7.4 million. Usually we’d scoff at someone upping the price of their pad by more than $10 million in a little over two-and-a-half years, but seeing as they went ahead and rebuilt the whole damn place, maybe we’ll hold our judgement this time. [more]