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New York's Cutiest Cut Losses Like Manhattan Real Estate Falters

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When actor Brian Kerwin decided to sell his longtime Manhattan home - a Romanesque townhouse in 1880, and his late wife was restored - he hoped it would cost about $ 12 million. la, based on similar sales in the neighborhood. When he and his agent, Douglas Elliman Real Estate's Kim Mogul Wright, agreed to $ 8.5 million, he thought there would be "five players in a week," said Kerwin, 69, has appeared in such films. are "Help" and "27 costumes".

 

So he was shocked when the Upper West Side list was "totally uninterested." Finally, after a year in the market and some discount, the redbrick house is currently in contract with about $ 5.5 million.

Accepting that the home would sell for much less than what he imagined was a gradual and emotional process, Mr. Kerwin, who bought the house for less than $ 1 million in the early 1990s and raising children there. "It's like riding a bike; After standing there for 10 hours you will get anything, "he said.

 

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  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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