The team at new Harlem development the Lenox Grand, futurists that they are, have issued a daring decree on the state of the housing market: "The market changes we change with it, we are now ahead of the curve." These forward thinking changes, it seems, involve, er, a fire sale:
5% down is all it takes to move into one of the finest new condo buildings in Manhattan.
Example: At $770,000 with 95% financing, your 5% down = $38,500 And the sweetest part of the deal is … that's all you need. Because the Sponsor will pay all of your closing costs!Let's see... 5% down, closing costs paid—hey, see if they'll throw in a free gold bar just for the hell of it.
· In Harlem, It's Lenox vs. The Lenox Grand [Curbed]
· The Lenox Grand [lenoxgrand.com]