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My dad told me yesterday that his sister sold her place in 2 days and she got 1.9 million for it in cash. He said she bought it for around $320,000 20 years ago.
They got a great deal, the place is less than 1K sq ft(living space) but the open floor makes it seem much larger.
And $2,777/mo. maintenance(58% deduction) in a concierge building is fucking great, especially for a penthouse.