1521 Update: 50% closed

Received an email from 1521:

To date, 63 of the 120 pending presales have closed – the balance of which are scheduled to complete over the coming weeks and months, depending on the level of unit customization, which was common in the top third of the building. During the presale process, 138 of the 143 homes at Fifteen Twenty-One Second Avenue sold with firm purchase and sale agreements. However, some attrition has occurred in the closing process, according to Parsons.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts, floating homes and mid-century moderns.

For years Matt resisted becoming a real estate agent preferring to be an executive in the startup world but he recently caved in the spring of 2014 and became an agent.

You can also find Matt on Twitter or skiing.

  • KidA

    Any guesses as for how many of the remaining contracts go through and what market value is?