Recent prices increase

Typo in the title of my post : RECENT PRICES DECREASE. We are concerned about the DECREASE OF PRICES at the Kenmare. I know other people are very concerned too. Thank you for your calls 212 688 1000 ext 206.

Price chops are happening in all the uber luxury developments because of the oversupply and the market has passed its peak. How is this any different? That's the risk of going into contract in an overheated market.

I personally like this area which is at the crossroads of many interesting places to walk around, drink and dine. But at $3,000 psf, it seems like an over improvement to pretty much everything else around. I think you have to decide if you are a long-term owner or not and if not, is this a project that will fair better than most in a downturn. I think not.

Everyone who bought anything in the last 4 years is "concern

Concerned". The music has stopped and there aren't enough chairs.