With all the brand new luxury towers sprouting up around town, One57 is starting to look like an old geezer in the eyes of buyersand no one wants to live there anymore. Sales at Gary Barnett's shiny blue baby have ground to a halt, with just two units entering contract this year. "This is not a normal pace," said appraising guru Jonathan Miller. "This building had many price increases when it was the only building out there, so maybe they overdid it. In other words, the sky is not the limit." [Bloomberg; previously]
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