Friday, March 1, 2013

☞ DWELL: 5 West Condos on 127th Sells Out

We have not been covering condos too much as of late because there has not been much going on since many of the buidlings have sold out. 5 West, a new condominium in Central Harlem at 5 West 127th Street, has reached 100% sold according to a press release received. From the moment the building launched sales in July 2012, it was very attractive to buyers -- 40% of the units received offers within that first month, and it sold out before receiving TCO and without the need to host a single open house.  There are a couple of buildings on upper ACP/7th Avenue that went into foreclosure over the past years but everything else appears to have survived the recession.

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