The Sun takes a look this morning at the Hello Living complex of eight buildings and 106 condos in Prospect Heights. There are two notable things to come from the story. First, the developer says that he sees the buildings as forces of gentrification in a neighborhood (very close to the Atlantic Yards footprint currently being cleared) with vacant lots and abandoned houses. He says: "I had to create my own neighborhood" and that he, in fact, added two more buildings after starting the project. The other thing, though, is some fairly impressive PriceChopping on remaining units at the first two buildings to hit the market, the Madison and the Hudson. Units have gotten some fairly serious axe with a 1,230 foot, 3BR going from $900K to $849K.
· Developer Pushes New Vision for Prospect Heights [Sun]
· Hello Living [helloliving.com]