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Tempo Taking Its Time

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We've been keeping an eye on E. 23rd Street's Tempo as a harbinger of development in 2009 and beyond. It's a pretty good test case: new construction, 19 stories and 103 units, amenities galore and plenty of marketing bucks (a $500K hologram!). It's also vanilla in looks and the location is fairly meh. Will it get built? Baby steps. According to StreetEasy, Tempo now has its first "in contract" listing, a 744-square-foot 1BR that was asking $880K. [StreetEasy]

Tempo Luxury Condominiums

300 east 23rd street, ,