Solidly in Q4 and no update from The Most Popular Building in Town: for shame! As you may recall, between January and June, polarizing Williamsburg development The Edge sold more units (144) than any other building did in all of 2010. Now, MNS reports its 350th closing which puts it at 75% sold and 200 for the year. Over the summer, three penthouses went for over $2 million each, but how are those other sale prices looking?
The larger South tower is chugging right along: 40 units have sold since August. As for the remainders, sixteen units are available, four of which have been pricechopped since the last update, and four of which are now more expensive. Riddle us that!
In the North tower, 26 apartments have sold in the same time period, several with slightly discounted pricing. There are 15 active listings, another four of which are offered at a slim discount. Broker Jedi mind tricks? Seems to be working.
· The Edge South [StreetEasy]
· The Edge North [StreetEasy]
· The Edge is The Most Popular Building in Town [Curbed]