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1521 Update: 50% closed

By March 26, 2009

1521

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.