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CurbedWire: Closing in on Clermont Greene

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FORT GREENE?The 74-unit Clermont Greene building at 181 Clermont Avenue?a building we dare say we have never written about?is sure as heck coming along, based on the above exterior update. Reps for the building tell us, "The scaffolding came down last week. The façade is finished as is the interior. We are a couple of weeks from TCO and closings should begin in March. We are over 20% sold in part because of our Price Protection Program we instituted after the New Year. There are many programs like this out there now, and they are effective at giving buyers a level of comfort while the market settles. No one wants to be the fool that buys now and then watches as prices drop further." One-bedrooms currently start at $499K, and two-bedrooms are hanging in at $715K. [CurbedWire Inbox]