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'Bulk Sales' of Condos Clear Supply, at a Cost

Started by pulaski
about 16 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"The Vue, which has floor-to-ceiling windows, 20-foot ceilings and a rooftop terrace, cost $340 per square foot to build, but this latest purchase price works out to about $126 a square foot." http://online.wsj.com/article/SB10001424052748704178004575351072635845474.html?mod=WSJ_business_LeftSecondHighlights Are the chips starting to fall, or is this just profiteering?
Response by printer
about 16 years ago
Posts: 1219
Member since: Jan 2008

you realize this is in Orlando, FL right? Not The Vue in Brooklyn?

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Response by pulaski
about 16 years ago
Posts: 824
Member since: Mar 2009

I didn't. Oh my. I musts go skool all over again and learn readin'

Let me rephrase the question: in light of bulk sales elsewhere in the country (as printer helpfully pointed out) does the board think such sales are bound to occur in NY RE at some future date? :)

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