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The Renovation Trap: When “Good Bones” Become Bad Math
In today’s Upper West Side and Upper East Side prewar market, the definition of a “turnkey” renovation has quietly shifted. Post-2022, buyer tolerance for renovation disruption has collapsed while board approval timelines have elongated, creating a stark divergence between assets that are ready to live in and assets that are merely ready to work on.

Corey Cohen
Dec 24, 2025
The Gram.
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