We just got the current press release for the Douglass at 114th Street and FDB/8th Avenue which is right by the hotly debated housing in the thread from our previous post: LINK.
"After sales launched officially in November 2009, the development (The Douglass) sold rapidly, reaching the 75% mark in eight months. Buyers have taken advantage of the reasonable prices, excellent design and quality finishes, as well as the 25-year 421-A tax abatement and availability of FHA and Fannie Mae financing.
A nine-story newly constructed building near Central Park and Morningside Park, The Douglass (theDouglassCondo.com) has a total of 38 condominium residences. The remaining ten units include two and three-bedroom residences ranging in size from 1,015 to 1,322 square feet and in price from $649,000 - $829,000. With the TCO (temporary certificate of occupancy) obtained this week, closings and move-ins will begin this month."
Thoughts? Remember, user names please. We will cover some buildings that are having a harder time tomorrow. Facade photo by Ulysses.