Comment 65461

By Art Brut (anonymous) | Posted June 30, 2011 at 22:24:47 in reply to Comment 65455

The "recently launched projects" the $350-$400 is referring to is City Square: 450-2000 sq ft for $214,900-$590,000. If you buy a really small place you end up paying more per square foot, but if you assume that the big numbers go together, those units come in at $295/sq ft. I could be missing something, though. I'm sure someone here is more familiar with the launch and the units' particulars.

The more accurate comparatives for Stinson School seem like they'd be Herkimer/Bay (starting at $200/sq ft) and W Lofts (not far off that mark at $225-$300/sq ft.)

I agree that it'd be a significant milestone to be able to sell a building with all units coming in at $400/sq ft.

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