New York is doing its best to send its residents our way

chieftans.jpg

16 Chieftans, $2.2895 million (purchased for $3.3 in 2011) has a contract after 11 days.

This development built on the former Gimbel estate under the Westchester Airport’s flight path has been a drag on the market since at least 2004, with prices dropping from the $5s and high-$4s to the $2s, and days on the market measured in years.

That’s apparently no longer the case. I note that the listing offers to sell it furnished, which is a clue to the NYC apartment dwellers who are the target audience.