New 1BR in Hudson Yards, asking $3,200, cheaper than when it was first listed on Streeteasy 2011 (!!!) http://streeteasy.com/building/455w37-455-west-37th-street-new_york/2007 … #WinterIsHere
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Building boom timed to hit a hot market and get in before the 421-a tax abatement ran out in late 2015
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Actually the units delivered so far are mostly not 421-a-related – that (and even steeper run cuts) are coming in 2017
End of conversation
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