On the heels of the yesterday’s Adelphi Street price hike comes news of a price increase at the 14 Townhouses on State Street. Despite the fact that sales have been on the slow side, the developer has decided to boost the asking price on the larger model from $2,750,000 to $2,900,000. This is a surprising turn of events but the folks behind this development are seasoned real estate pros so we can only imagine they have good reason for the move. Unless it’s purely a Corcoran pricing ploy.
269 State Street [Corcoran] GMAP
14 Townhouses Update: Slow Going, At Best [Brownstoner]