38 Delancey Price Chopping

Posted on: July 16th, 2010 at 6:12 am by

Newish luxury condoplex 38 Delancey appears to be in a rough patch.  The building entrance is trapped behind plywood and shows no signs of opening, and the ginormous ground level space remains just that.  An empty void.  At least the building is collecting ad dollars on the fancy window-wrapping promotions (now HSBC, was Verizon).

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Meanwhile, after a couple months on the open market, there are still plenty of units available for purchase. And according to StreetEasy, the owner’s axe has been pretty busy the last couple weeks.  Price chopping galore – approximately 7 to 11 percent across the board.

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