Blogger-broker Sandy Mattingly spins the tale of a Soho loft that traded hands in 2006 for just over $1.8 million, then hit the market earlier this year at $2.1 million before closing a few weeks back for—wait for it—$1.393 million. For those scoring along at home, that's, in Mattingly's words, "an excruciating 23% off the May 2006 clearing price." [MLG]
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