The place went on the market for US$64 million in February last year — well before stock market and commodity price collapses sent Wall Street tycoons and wealthy foreigners, such as Russians, reeling.
“It’s going to be very picky. People will be picking what they want,” Del Nunzio said. “The price will be under discussion.”
But, like Harbert and other market watchers, she is confident that Manhattan property prices will bounce back.
“The thing about New York residential real estate is that it’s an island and you can’t create anymore,” she said.
Certainly Sherpa the hot dog vendor prays his mammoth deal will pay off.
“I was hopeful,” he said. “Now I am very shaken.”
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