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Tuesday, December 29, 2009

Get a Condo in Manhattan for $1!

...well, theoretically.

According to Crain's, 13 homes in Manhattan ranging in price from over $200,000 to $5 million dollars will be up for auction by the eBay of real estate Bid On The City. Starting bid: $1.

Now, everybody knows of at least one person, or the friend of at least one person, that has found a beautiful apartment in an amazing location for an insane price. But I can guarantee that NO ONE will be getting a $1 apartment. That's just silly, and I have no idea why they would even make it a point to say this. If your bottom price is $200,000 you will pay AT LEAST $150,000. MAYBE $100,000. But I guess we can all dream, can't we?

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