If we expected any condo that struggled amid the recession to reach sellout status, well, it wasn't Georgica, the Upper East Side building named after a Hamptons pond and marketed to wealthy folks with growing families. The building did endure substantial PriceChops to get there, but according to Crain's, it's now completely sold. Nice work, buddy! The 58 units sold for a total of $134 million, though the last three closings?including two 4BR, 4.5BA units sold in a combo deal?have yet to hit public record. (StreetEasy shows one apartment still on the market and two in contract.) So what kind of PriceChoppage was ultimately needed to close the rest?
· After 3 years, UES condo at last a sell out [Crain's]
· Georgica coverage [Curbed]
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