With developer Toll Brothers indicating that more deep price cuts are on the way at the company's Northside Piers tower in Williamsburg, it got us wondering what Toll has planned for its other new properties around the city. In the case of Long Island City's Fifth Street Lofts, we already have our answer. A Curbed tipster sends along a promotional e-mail advertising a plethora of specials at 5SL, including a price protection guarantee for buyers, temporary "special pricing" similar to previous "Deals of the Week" at the building and this interesting offer on unit upgrades:
For just $1 each, you can choose from an array of options to create your dream home! Take advantage of this great offer and select the flooring, countertops, home audio, window treatments and custom painting that are right for you. You'll enjoy the luxury and beauty that these five features will bring to your new home!The Queens West building is 85% sold and coming off a round of fairly significant cuts three months ago, so don't expect a Northside Piers-type level of price slashing. At least, not yet.
· Fifth Street Lofts coverage [Curbed]
· Listings: Fifth Street Lofts [Halstead]
· Fifth Street Lofts [5sl.com]