UES Explosion: When Life Hands You Lemons, Blow Them The Hell Up
New York City real estate being what it is, there's always a silver lining. As it turns out, Dr. Nicholas Bartha actually raised the worth of his property on E. 62nd Street, simply by virtue of doing the demolition work himself. That's according to The Post, who note that the property's value is "set to boom" (Ha ha! Get it?), speaks to a few real estate brokers, some of whom actually have the decency not to be quoted by name, who call it "a developer's dream," because there's already a big hole in the ground and no tenants to evict. By blowing the whole thing up, Bartha may well have doubled the value of his property.
If we lived in a Trump building we'd be very, very nervous right now.
Property's Value Set to Boom [NYP]
Earlier: Gawker's UES Explosion Coverage