[CondoGuru]

Techincally, doesn't an "A" for active listing mean that it's not sold yet? If it's truly sold, it would be listed as "Active w/ Contract" or "P" for pending, right? Since this property doesn't even exist yet, it can only be "A" or "P" until completion. Futhermore, isn't it illegal for Philadelphia Magazine to report that 1706's penthouse sold for $6.9 million since that's not yet a public record? It's one thing to sell the penthouse at the Rittenhouse Hotel and publish the sales record, it exists and post-settlement it becomes a public tax record. But in this case, that's private information until the property is completed and conveyance occurs. The MLS listing for that building appears to contain nothing more than reservations, otherwise the units would be listed as pending, not active. This would suggest that they haven't actually sold anything as far as signed Agreements are concerned, but merely reservations. I also remember reading somewhere that the penthouse was priced at $12 Million, not $6.9...looks like they gave it away! lol