Add Your Voice


We need authors!

If you are a local real estate
agent or work in a real estate
related field and would like to
write about the local real estate
market, please contact me.

Property Value Explodes with Building

Written by YeOleImposter on September 30th, 2006 at 8:33 am

According to the National Association of Realtors a landmark 96-year-old Upper East Side townhouse was leveled following a gas blast, allegedly set “by the owner during a tumultuous divorce”. What is amazing is that real-estate experts now figure the property is worth more, not less, following the blast since a larger home can be built on the site and the developers would not have to worry about historical landmark issues.

So, I am wondering, the guy blows up the property to spite his ex-wife, and finds himself not only going to jail but also his wife gets more money than she would have before.


Navigation:

Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment

Powered by WordPress
Copyright 2005-2006