Sales March on at On Prospect Park
Only three weeks ago, On Prospect Park, the glassy Richard Meier creation overlooking Grand Army Plaza, was 60 percent sold according to The Wall Street Journal. Now Real Estate Weekly is reporting that the number has bumped up to 70 percent. And if you’re interested in landing one of the exhibitionist-friendly pads for yourself, best…
Only three weeks ago, On Prospect Park, the glassy Richard Meier creation overlooking Grand Army Plaza, was 60 percent sold according to The Wall Street Journal. Now Real Estate Weekly is reporting that the number has bumped up to 70 percent. And if you’re interested in landing one of the exhibitionist-friendly pads for yourself, best not tarry: Head of sales Cheryl Nielsen-Saaf expects the building to sell out within nine months.
Streeteasy still only shows 50 closed sales out of, what is it, 99 units? This is the elusive 50% they claimed to reach at the end of 2009. Considering that it has taken them 4 years to get this far, selling out within 9 months seems a smidgen optimistic.
How many years is the tax break on these apartments? Is there one???
If it is 25 or 30 years maybe we would think about it!
🙂