Does anyone know what is happening with this development in light of the current real estate downturn? I am looking for a 3 bed and wondering what offer I should be making to the developers.
Is this project dead in the water?
Does anyone know anythig about the developer?
What is the fate of their sales office?
do they have another sales office somewhere?
Their web site continues to advertise open houses every weekday from noon to 6PM, at their "sales gallery" @ 405 East 75th Street. Why? Did you try visiting during those hours and not find anyone?
I would imagine they would at least slow down construction in the hopes of waiting until the RE market recovers. But that wouldn't necessarily affect the sales gallery.
"I would imagine they would at least slow down construction in the hopes of waiting until the RE market recovers."
Walk by it all the time. There is no construction. Nothing for a long while. Just a hole in the ground forming an interesting tidal-like ecosystem from the large standing pools that form and dry up after rains. Interesting smells. Sure the neighbors love it.
Does anyone know what is happening with this development in light of the current real estate downturn? I am looking for a 3 bed and wondering what offer I should be making to the developers.
Good question. I live in the neighborhood and walk by the site all the time. Seems that there has been zero activity for months.
Is this project dead in the water?
Does anyone know anythig about the developer?
What is the fate of their sales office?
do they have another sales office somewhere?
Their web site continues to advertise open houses every weekday from noon to 6PM, at their "sales gallery" @ 405 East 75th Street. Why? Did you try visiting during those hours and not find anyone?
I would imagine they would at least slow down construction in the hopes of waiting until the RE market recovers. But that wouldn't necessarily affect the sales gallery.
"I would imagine they would at least slow down construction in the hopes of waiting until the RE market recovers."
Walk by it all the time. There is no construction. Nothing for a long while. Just a hole in the ground forming an interesting tidal-like ecosystem from the large standing pools that form and dry up after rains. Interesting smells. Sure the neighbors love it.