Quote:
Originally Posted by josef
I think I don't quite understand the person who wants to buy a house in a "5,000 Square Feet, 2-Car Garage, Gated Community" but who also wants to live in a city.
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I know lots. Certainly the most comfortable way to live in the city if you have more than 1 kid. If you can afford it. Really, the best of both worlds. You get a spacious house with private parking, a roofdeck, and close proximity to green space (depending) but are can take advantage of city nightlife and restaurants, and otherwise take advantage of what the city has to offer. This and other lower cost but large size townhouse developments are having great sales. These are still much cheaper than equivalent space in luxury highrises (you are talking $5 mil MIN for this kind of space in any condo), so projects like these are the most feasible way for (wealthy but not absurdly wealthy) families to stay in the city.
Ostroff's development here is not actually "gated." That's really a misnomer.