If they have purchased thinking that, I have zero sympathy. Read the fine print or perish.
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Gee, promotional videos now-a-days are all into hot women and guys i guess
Anyways, thanks CG for that info
I find it interesting that the website says that ceiling heights in this building will only be 8.5'. I wonder how many people have purchased units automatically assuming the now-normal-for-condos 9' ceiling heights.
The main problem with this building is it doesn't really suit the site. The main problem with owning a unit in this building is the view sucks--you're looking at a whole bunch of architectural failures. (It's kind of like having a view of a vertical '80s subdivision.)
How about the fact that the pricing is absurd?
You can buy an unit in 1121 Bay, a far superior location in every respect for under $585 per SQ FT. (That's the asking price on MLS) Why would anyone buy in this vertical subdivision, wait 5 years for occupancy and assume enormous market risk?
I'll answer my own question- it is a vertically integrated multi layer marketing scheme.
Edit: if you prefer brand new, you can buy at 832 Bay in one on those 'Rano buildings for under $665 per SQ FT.
This was posed 5 years ago and look where we are today. Not saying you're wrong, just saying that the market is heading upwards. Personally, I'd never play these ridiculous prices for today's condos but there are a number of people who will. Especially when you consider that a house is out of reach for many people in this city.