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As we learned earlier this year, Ramona Singer is ready for a “fresh start” and in doing so, she’d like to move on from the Upper East Side condo she’s called home for more than 20 years. How ready is The Real Housewives of New York City mama? Well, she’s motivated enough to drop the condo’s listing price by $245,000! The four-bedroom, 3.5-bathroom property is now priced at $4.75 million — a drop Ramona is probably hoping will sell the unit before the holidays roll in.
Here’s the back story: After first listing the 2,500-square-foot property for $4.995 million in June, Ramona opted to pull the listing in July, likely because the Manhattan real estate market goes pretty flat in the summer months — everyone’s living it up in the Hamptons, after all. Ramona then re-listed her home in September at the same price point, but after two months with no action, she opted to chop the price by 5 percent in November.
Which makes sense! Anyone who has ever watched Million Dollar Listing New York knows that if a Manhattan property doesn’t move within the first couple of weeks, the reason is likely because the price is simply too high. We’ll be keeping an eye on what happens next for Ramona!
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