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4,000 new luxury condos sitting vacant

Started by sharise
almost 16 years ago
Posts: 46
Member since: Oct 2007
Discussion about
Has anyone read this? Thoughts? http://www.crainsnewyork.com/article/20100511/REAL_ESTATE/100519963
Response by hofo
almost 16 years ago
Posts: 453
Member since: Sep 2008

If true that is great news for potential buyers and renters.

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Response by jason10006
almost 16 years ago
Posts: 5257
Member since: Jan 2009

Uhhhh...the lenders would have first dibs on "seizing" such units, then auctioning them off. The city is a long way away from having the right. Also - MORE projects in harlem? No thanks.

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