Forum Archive

June 19, 2008

Has anyone bought in the On Prospect Park (Glass) building? Does anyone know what is happening with prices there since pre-construction prices of 2005-2006 will not get appraisals today?

In 2005-2006 Developer was requiring buyers use their mortgage company and appraiser to have “mortgage contingency.” That was because other banks would not appraise units at $1,000 plus sq ft.

Interested in talking to folks with deposits or who are considering a purchase at the development.