Oh, come on! Yet ANOTHER unit is in contract at 111 Fourth Avenue

We just don't get it. It was only one week ago that we looked back at some of our most interesting apartment visits and noted that 111 Fourth Avenue (those East Village lofts we hate) were selling units like hotcakes in a market where even great buildings are struggling to sell just one unit.

So now, we look on with raised eyebrows (and a detached curiosity about whether we are the only people in Manhattan who would rather NOT climb a ladder to the bedroom) at the "In Contract" notification for the final Franken-loft, #10C. We can't imagine anybody is even thinking about paying the $839,000 asking price for this 1BR carved out of a 600 sq ft studio that most recently sold in 2005 for $690,000. However, we also didn't think that kitchens with 6 foot ceilings and a spiral staircase narrower than the escape tunnel in the "Fugitive" were "in" either. Just goes to show you that when it comes to real estate, potato, potahto, tomato, tomahto...