Amanda Fung - As it turned out Monday's so-called $1 auction of Manhattan homes generated very low bids indeed, according to one attendee at the auction held by Bid on the City, operator of an eBay-like site for apartment and residential buildings. Approximately 10 Manhattan townhomes and apartments were sold at discounts ranging up to 85% of the original asking prices, according to Malcolm ...
By us.rd.yahoo.com