Second + Pine 25% Reserved

I received an email saying that the project at Second and Pine is already 25% reserved. It’s unclear what reserved means though they are boasting:

The Priority Preview Events held last night at Benaroya Hall resulted in 20 new home reservations for the condominiums representing over $30 million in condominium sales.

There’s another review tonight, May 16th at either 5:30pm or7:30pm. Seating is limited. If you are interested in attending check out their condo events page. Unfortunately I have other plans tonight or else I’d swing by.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

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    How much money do you have to put down to ‘reserve’? What didn’t impress you?

  • http://blog.mattgoyer.com Matt

    How much money do you have to put down to ‘reserve’? What didn’t impress you?

  • JO

    i believe to reserve it’s now 25k, i have a friend who reserved a month or so ago and it was 10k then

    things i didnt like regarding the city place units: ceiling heights (9′), very very small kitchen (pretty much a kitchenette), fully furnished. you won’t be able to do anything with it

    financing the city place units are going to be a pain as well, you’ll need at least 20% down. you will be able to rent them out, however the hotel operator wouldn’t even give an idea what they’d fetch…they flat out refused to.

    also the 1$/sq foot HOA dues are way high

  • JO

    i believe to reserve it’s now 25k, i have a friend who reserved a month or so ago and it was 10k then

    things i didnt like regarding the city place units: ceiling heights (9′), very very small kitchen (pretty much a kitchenette), fully furnished. you won’t be able to do anything with it

    financing the city place units are going to be a pain as well, you’ll need at least 20% down. you will be able to rent them out, however the hotel operator wouldn’t even give an idea what they’d fetch…they flat out refused to.

    also the 1$/sq foot HOA dues are way high