Have new developments along the High Line passed their peak?

After billionaire Robert Smith’s $59 million deal at the Getty set a record for Downtown Manhattan sales last year, the project’s developers upped prices. “We’re getting good interest,” said Tamir Shemesh, the Douglas Elliman broker marketing the boutique condo project. “But we’re not selling yet because the prices are catered toward a very, very exclusive buyer.” The Victor Group and Michael Shvo project — a seven-unit luxury building in West Chelsea — saw two more […]

from The Real Deal New York http://bit.ly/2UvWqml

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