After years of sluggish — or virtually non-existent — sales at Saxa’s the Prime condominium at 333 West 14th Street, between Eighth and Ninth avenues, a late-summer uptick in sales has left the 10-story, nine-unit condo with only one unit left on the market. Why the sudden surge? “I think price has a lot to do with it,” said Michael Katz, RP Miller’s on-site sales associate. His group kicked off a new sales effort at the development a year ago (note: correction appended). Almost immediately after taking the helm, RP Miller slashed asking figures, and invited carolers to sing outside an open house at the project. Two weeks ago, RP Miller & Associates closed on its eighth unit: a 4,000-square-foot, three-bedroom, three-bathroom penthouse with three balconies and a private roof terrace that sold for $4.1 million, Katz said. Back when sales launched in September 2006, the asking price was $9.5 million. It was reduced to $7.5 million in January this year, and then finally to $5.9 million in July. TRD
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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

