Economist and NYU professor Nouriel Roubini became an international star with his bold predictions—seen as outlandish at the time—on the path of the world economy. By 2006 he was saying that a huge housing bust and other factors would soon lead to a deep recession, and we all know how that turned out. But this housing bear also loves to party, so he’s suddenly feeling bullish on luxury Manhattan real estate. Bloomberg reports that Roubini is the mystery buyer of the incredible triplex penthouse at 6 East 1st Street in the East Village, formerly the neighborhood’s priciest listing. He paid $5.5 million for the 3,700-square-foot loft, which was last asking $5.995 million, and was once priced at $7.35 million. Maybe he was talking trash about housing as a negotiating ploy?

January 2011 has 56 active homes on the market in Pound Ridge NY. The high price is $10,000,000 and the low price is $380,000. The median unsold price is now $974,500, with the average Pound Ridge NY home is 3932 square feet, has been on the market 175 days and is asking $369 per foot.

Pound Ridge NY Homes 2010 Sold Statistics 

55           sold                      UP 103% 

3680        average square feet 

169          average days in market 

$793,350  median price         DOWN 6.1% 

$3,325,000 high price 

$295,000   low price 

$277.15     average square foot price 

91.75%      average sold price to asking 

Pound Ridge NY Homes 2009 Sold Statistics 

27 sold 

3317 average square feet 

195 average days in market 

$845,000 median price 

$2,749,000 high price 

$375,000 low price 

$297.21 average square foot price 

92.08% average sold price to asking 

Pound Ridge NY Real Estate saw a big resurgence in 2010 compared to 2009. Sales are up 103%. Good market news. Sellers have been more realistic and realize there are less buyers, more inventory and prices have to come down. Median Pound Ridge NY price is down 6.1%. 

Pound Ridge NY Homes 

Pound Ridge Luxury Homes 

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