The insider price is about half that, but so far no tenants have bought.
Some even hope to buy now at the old insider price.
The insider price when her building is converted to condominiums will be $131,000.
"If they wait three years and a day they can't use the insider price," he noted.
It was offered to the tenant at an insider price of $76,500 six years ago, but not purchased.
Now the insider price will be $99,000 as part of a new offering to rent-stabilized tenants next month.
"If there was an insider price, I'd be competing against myself," he said.
When offered the chance to buy his apartment at the insider price, he declined.
The insider prices at the time ranged from $151,000 to $1.35 million.
His monthly costs at the insider price would have been $1,400.