The Real Deal New York

Cheapest apartments see more action

May 11, 2009 10:59AM

Lavish and expensive apartments always get a lot of attention — even in a downturn. But on this week’s Webcast, The Real Deal’s Jen Benepe talks to brokers at two of the cheapest listings in the city.  She talks to Willie Kathryn Suggs, who is representing a $147,500 apartment in Harlem. Suggs said after the apartment was featured on The Real Deal’s Web site as the cheapest apartment of the week earlier this month, the cell phone of the agent who posted the unit crashed. “We’re not stupid,” Suggs said. “We want listings for things that we know will sell quickly.” Meanwhile, broker Robert Kleinbardt of New Heights Realty, who had the second cheapest listing, a $159,000 apartment in Inwood, says the listing price on that property could go even lower. To watch the full Webcast click on the video at right.

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