New York Magazine has a feature in its real estate section this week called “Hey, This Might Work,” in which the mag asks six optimistic developers for their strategies for coping in this market. One of the six properties featured: The planned six-townhouse development at 345 State Street. Says developer Hesky Brahimy, “We’re not worried. It’s six, not 600.” As far as we’re aware, no one’s given him a deposit yet for any of the new homes, which are priced at over $3.5 million a pop.
Hey, This Might Work [New York Mag] GMAP
Six More New Brownstones for State Street? [Brownstoner]