Oceanview Floors 11-Penthouse

Current sale prices in this group appear to he holding up the best of any group, but I would caution against that easy assumption. Again, in these murky times, single sales can swing prices wildly. For example, with three reporting quarters in 2008, we only saw a single data point in both 2009 and 2010 (both resulting from two sales each). The pair of sales in 1Q11 show an upswingthat may hint at market stabilization (or not, no crystall ball here!).

 

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