Last month was a tough one for sellers at the Mandarin. Three sales were recorded and all sold below their purchase price in 2008.

May 5, 2010 – The Mandarin C1-PH sold for $9,050,000
Purchased on September 24, 2008 for $10,014,820

May 10, 2010 – The Mandarin 10-B sold for $5,500,000
Purchased on October 1, 2008 for $5,340,860

May 13, 2010 – The Mandarin E11-F sold for $2,450,000
Purchased on September 25, 2008 for $2,150,000

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