OPP Hits the 50-Percent Sales Mark

The Richard Meier-designed condo On Prospect Park is now 50 percent sold, according to the project’s lead broker. Other fun tidbits: There are currently 24 families living in the building; sales in the last month have been “spectacular” after a protracted dry spell; there is only one unit still for sale at the “limited availability pricing” launched a few months ago; and following a recent reconfiguration of the penthouses, there are a total of 96 units in the building, which makes it quite a bit smaller, inventory-wise, than the 114 it launched with. Also, there are no plans to cut prices anytime soon, though the listings are “somewhat” negotiable. Corcoran’s listing page for the condo shows prices ranging from $755,000 for a 962-sf 1-bed to $3,100,000 for a 3,199-sf 4-bed.
Apartment for Rent at Meier’s OPP [Brownstoner] GMAP
On Prospect Park: Is Anybody Home? [Brownstoner]
OPP Floats Some ‘Limited Availability Pricing’ [Brownstoner]
On Prospect Park: Ready For its Close-Up [Brownstoner]
Feb 13, 2012 | 10:33 AM