The Douglass- 50% Sold?

I could be wrong but the affordable housing does get included in the overall sales percentage of the building. What you see on their website on which units have signed contracts, some of those could be affordable housing units. The best way would be to ask the sales agents to quote the actual number of units sold.

The problem I have is that it can be tough to get a straight answer from a sales agent because they try to overstate sales and maybe count units as sold when they only have offers out or agreements in principle, even though a lot needs to happen before the deposit is handed over and the legal paperwork signed.

Yes, I also assumed all the affordable housing units were included and that those additional extra 8 units would have pushed them over 50% if the 12 is a true number. I think there are 38 total apartments, with 30 market rate and 8 affordable. I know the units listed on the website are definitely not the affordable units, those are handled through an entirely separate process and were never listed through Halstead and the list prices wouldn't work as affordable housing.

there is a curbed article TODAY saying no, its 40%. They lie.

When are the developers at this building going to get it. They have put price cuts in place but still have the same price that the place listed for. Do these geniuses think that we can not read? Does anyone see what I see. Buyers of this building be ware, pay close attention. I am watching this building and have been for some time. The entrance to this building is on a block with public housing which may or may not be a bad thing but almost all of the block on the south side of the street is boarded up. The city was supposed to fix that but with the current deficits I am sure it will be at least 10 years before that eye sore is fixed.

Holmes, am I seeing it right and they chopped prices on only 3 units, and only by $10K on apartments 7A and 3A, but then $60K on 2A? Seems like these fine minds came up with a bizarre price cutting strategy, although the initial price on 2A (and the current price on 2B) seems equally bizarre. I guess 2A has outdoor space, but it's tough to think that having your own section walled-off in a common outdoor space would make that 2BD worth more than the larger, west facing 3BD on the same floor that also still hasn't sold.

Looks like they have sold a bunch so market must not be that bad. We were interested in one of the B lines but they wouldn't budge enough. Maybe some people will back out again, some of these units have been in and out of contract. I would personally not want a low floor in the B or C lines.

i heard they are at 50%

Is anyone living here? How is it going? Also someone said that the columbia deal to buy the boarded up homes on 114th fell through, anyone know anything about that?