Tuesday, November 16, 2010

☞ REVIVE: The Parc Standard Sells Out

A little bit of positive news that was just received through our inbox has it that the new Parc Standard condo at 2101 FDB/8th Avenue (between 113th Street and 114th Street) has sold out after being on the market for just slightly under a year. Sales had launched for the 28-unit building during November 2009 when the market was at one of its lowest points but somehow the building managed to sell the majority of units within a decent average of $715 per square foot.  What's even more amazing is that the first 20 contracts were signed within the first four months of the development's availability. Based on the condo's Streeteasy page (LINK), there's about a half dozen contracts still out but the press release has confirmed two of those have already closed.  Check out our original thread on the Parc Standard that had many folks debating on its future success: LINK

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