Prices for the raw units at Cary Tamarkin's 397 West 12th Street have been trending downward for months, and it doesn't look like buyers are going to step forward to break their fall any time soon. The huge lofts have just seen another round of cuts, between 7 and 16 percent per apartment. Prices now range from $3.25 million for a single unit to $10.75 million for a combined unit. There's a second floor special of $968 per square foot. How will the neighbors ever compete?
· Listings: 397 West 12th Street [StreetEasy]
· 397 West 12th [Official Site]
· 397 West 12th Street coverage [Curbed]