search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomVictor Sigoura picks up site of failed West Chelsea condo for $87MVictor Sigoura picks up site of failed West Chelsea condo for $87MMarty Burger’s new venture sputters on takeoffMarty Burger’s new venture sputters on takeoff
New York

Buying low pays off for co-op’s owners

Sign Up for the undefined Newsletter

The co-op at 315 Riverside Drive near 104th Street illustrates how modest investments years ago can pay off in today’s booming residential market. Some of the 315 Riverside owners bought their apartments in the mid-1980s for prices ranging from $90,000 to $200,000 and now, of course, find themselves living in places exponentially more valuable than those sums. more [NYT]