One57 saw its best quarter since the end of 2016 — largely because every unit was sold at a discount. Extell Development sold five apartments totaling $73 million in the first three months of 2018, according to a filing on the Tel Aviv Stock Exchange. Extell president Gary Barnett told Bloomberg that each of the units came with a price chop. “If our competitors are giving discounts, and that’s what people really want, that’s how […]
source https://therealdeal.com/2018/05/01/getting-by-with-a-little-help-from-discounts-one57-sees-best-quarter-since-end-of-2016/
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