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Flood of new listings at the Meridian?

By June 25, 2007

The Meridian

A reader e-mailed in about a flood of new listings at the Meridian, 1420 Terry Ave:

In the last few days, there has been a sudden rush of units being put on the market. There are currently 13 on the market out of 190+ = 7% – unusually high. There is also a concentration of units on the upper floors. Furthermore, the $/square foot seems rather low on a few of them.

Any one know what’s going on here? I had some take a look and they all appear to be different sellers.

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