'Selling New York' Episode 2: Drop It A Million

The big question I had after watching HGTVs episode two of "Selling New York" is why the hell is fashion photographer Alex Deutsch selling a place he dedicated that much time, passion and money into? Alas, we didn't get the chance to ask the owner of the 4,300-square-foot, 132 Mulberry Street loft he listed for $6 million. But the question remains? Why do people spend all that money and add all those fancy stylized finishes only to have to sell when the real estate market is still pretty crappy?

Well, CORE broker Maggie Kent (who we interviewed earlier this week) tells us vaguely that it's "because he's bi-coastal and focusing on his other properties." That doesn't explain anything!

Anyway, this episode shows CORE's Kent trying to get Deutsch to lower the price on his "high stylized loft" by at least a million. Ouch!