Famed Upper East Side co-op 740 Park hates the spotlight, so it's no surprise the building's sellers are retreating following an item this week about market turmoil perhaps affecting 740's tenants. Michael Gross reports that two of three on-the-market 740 Park spreads have been yanked from the market, with one broker telling Gross, "There are too many trophy apartments on the market now." And unreported until this very day, the 740 Park flip tax: 3%, paid by the purchaser. [MGross, previously]
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