We just received news in our inbox that the first market-rate 10 units at PS90 have closed within a 3 week time period. The $40 million adaptive reuse condos at 220 West 148th Street (between FDB/8 and ACP/7th) was reported to have 14 contracts out of the 55 luxury units this past June but closing were still pending:
LINK. According to Streeteasy, in addition to the sold units, there are 7 more contracts in the works and 11 active listings currently available:
LINK. There's 20 units that are reported as affordable of which 17 were accounted for this past summer. Move-ins are happening immediately after each closing so the TCO seems to be in place.
ps90condo.com
Interesting. Looks like there was a bidding war for unit #5G. Listing price was $465,000 and it ended up going for $471,510, a very respectable $595 a sq. ft.
ReplyDelete@Chris—you just waved a red flag @Reynolds
ReplyDelete