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William Beaver Apartment Loses $466,000 in One Year

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Ever since the first owner of #22C in William Beaver House took a 23 percent loss on his resale just two months after the original purchase?and since the building's foreclosure suit and mysterious medical rumors?the rest of the units in the FiDi party palace have had to work that much harder to get our sympathy for their resale challenges. The recent sale of #45B, though, does tug at our heartstrings. The 1BR, 1BA unit, sent our way by a tipster, sold for $1,466,280 only a year ago. It was relisted in May for the rather noticeable loss-taking price of $1.05 million. The sale just closed for a tax-friendlier $999,900. Oh, Willy Beav.
The buyer, Wbh Lp, already owns unit 11B, picked up in 2008. But unless Wbh Lp is planning to buy up the rest of the William Beaver B-Line, we're not predicting great things for the resales of 18B or 39B.
· 15 William Street [Curbed]
· William Beaver House coverage [Curbed]

William Beaver House

15 William Street, New York, NY 10005