Friday 5 June 2020

Manhattan developers discreetly shopping bulk condo deals

It’s hard to sell one luxury apartment these days, but what about 20? In New York City, some developers are hoping to clear a glut of unsold units by offering bulk deals at discounted prices. It’s an uncommon move that comes as the city’s weak luxury market is further hobbled by the pandemic. Developers Simon Baron and Quadrum Global are offering a 10 percent discount on the 26 remaining units at their 38-unit Chamberlain condop



source https://therealdeal.com/2020/06/05/manhattan-developers-discreetly-shopping-bulk-condo-deals/

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