Tuesday, July 5, 2011

Once Again, Floor Plans are Making Sales - in NYC

See NY Times article

"In recent months, though, several new developments around the city have once again sold apartments off floor plans. The practice is not widespread, and the examples tend to be in neighborhoods where there is very little new inventory. But at least one high-profile building that is under construction plans to sell off floor plans: the Extell Development Company’s 90-story hotel/condominium tower across from Carnegie Hall — One 57, at 157 West 57th Street."

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