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On The Block: Solaria

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Broker-blogger Malcolm Carter files a follow-up report from this weekend's auction of Riverdale's Solaria. According to a press release from the developer, there are now more than 21 apartment contracts out, for a total of more than $17 million in sales, and the developer expects to sell out the 65-unit building over the next month. Since 54 units went on the block this weekend, that may mean some buyers backed out or are still awaiting seller approval. Either way, if our Secret Santa is reading this, we think a $440/square foot condo sounds nice, hmmm? [Malcolm Carter; previously]