From the May issue: Last month a pair of tickets owned by Bernard Madoff Investment Securities for the Mets home opener at Citi Field sold for $7,500. The tickets, which attracted 68 bids, each had a face value of just $525. It remains to be seen, however, whether the Upper East Side co-op that Madoff lived in before he went to jail for the largest Ponzi scam in history will also command such heavy buyer interest — and such a significant price premium. Madoff’s co-op was pegged at $7 million in the bond that was put up for his house arrest in December. But now — in an ironic twist for the man whose financial scam may have accelerated the plunge of the real estate market — his apartment at 133 East 64th Street, like all properties in the city, could be worth much less than the $7 million value that’s been bandied about. [more]
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TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012

