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Not So Fast

New, 4 comments

Bonus buying season may be missing something this year: bonuses. With his bonus coming mostly in restricted stock rather than cash, one hopeful buyer wonders whether he can trade the stock for a nice piece of real estate: "Let's say I have $4mm in restricted stock that vests 25% per year for the next 4 years," the buyer asks. "Would a condo seller accept that and $300k cash for a condo worth approx $3.3mm?" StreetEasy commenters are guessing that's a no. [BrickU; StreetEasy]