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Monday, March 10, 2008

McMansion Builders Turn to McSkyscrapers

Toll Brothers and K. Hovnanian get a reach around from CNN Money. Always on top of the news, CNN has broken the story that condominium towers cost more and carry more risk than single family homes.

Gleaning the most interesting bits from the article:

25% of 77 Hudson is sold
85% of 700 Grove has sold
90% of Maxwell Place is under contract.

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New York's Sixth is a blog for the forgotten, de facto borough across the river featuring original content, commentary, and information relevant to living in Downtown Jersey City / Hoboken.


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