We weren’t sure how 100 Gold would fare when it went to market last year, considering its proximity to the Farragut Houses and prices that started at $525,000. But, we’re happy to report, it’s ended up doing pretty darn well! StreetEasy shows five of the ten units as recorded sales, with another two units in contract. (As of March, five units were spoken for.) Of course, some units required price reductions of as much as 20 percent (a one bedroom sold after it was reduced from $495,000 to $396,000) but others, like the fifth-floor pad that sold for $850,240, appear to have gone for ask. The developers must have been getting antsy to get the building filled though: one unit, a three-bedroom, was on the market recently as a rental priced at $2,300 a month and has since been pulled.
100 Gold Hits the Market [Brownstoner]
Development Watch: 100 Gold Street [Brownstoner] GMAP