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Union Square Condo No Longer Just for the Cash Buyers

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Shortly after hitting the market, the mass of white and glass that is 14 West 14th Street announced that it would only be taking all cash purchases. The reason? A project sponsor's purchase of more than half the building's units made financing for other buyers next to impossible. But no more! We hear the building has backtracked and is now open to financed buys. What's more, the remaining units are on the sales rack, with markdowns of 10 to 20 percent. The 30 apartments listed for sale on StreetEasy now have price tags ranging from $520,000 to $1,600,000.

· 14 West 14th Street in Greenwich Village [StreetEasy]
· Official website: 14 West 14th Street [14w14.com]
· Cash & Carry: New Condo Building Just Says No to Mortgages [Curbed]