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Old Posted Oct 10, 2019, 10:05 PM
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Join Date: May 2006
Location: My side of your fence
Posts: 9,224
Originally Posted by 78701 View Post
They are 25% under contract already.
That bodes well for any proposed condo towers. Most residential towers not substantially completed or starting soon are rental. The lone exception not counting 44 East is the the 17th St. Condo tower, which may be geared to a more "budget friendly" crowd. I don't count 48 East because that's more or less just some AirBnB style time share property. After the 17th St. project, there are no more condo towers starting any time soon. Of course, some of the rental projects could switch to condo.
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