Quote:
Originally Posted by timach
How much did you end up paying? If you don't mind me asking
|
We paid ~325,000 for a 1000sqft (1bed, 2 bath, 1 den) loft unit in the original portion of the building w/ brick exteriors. The model suite was just too nice to resist purchasing. We were also duped into thinking it would be done by the end of 2017, which is what they said when we made the purchase in the first place.
Harry just had a private screening for the new tower part of the building this past weekend as an option for people to move up to the tower if they want. Personally, I think the tower will look awful and is just a normal condominium. Not only that, he mentioned the entire north half of the building is contaminated to bedrock with chemical wastes and will need to be dug up and thrown out. Expected construction time is 24-36 months for the tower. The southern half is good enough to simply dig and create a new foundation for the 4th/5th floors and basement parking. Harry is planning on releasing these revised floor/building plans privately in the next 2-3 weeks and going public after the next month or two.
He's also offering credit to those who wish to change units since he believes the units could probably draw more money if he sells them now rather than 2 years ago. This is also because the 4th/5th floors at Gibson School Lofts have been rejected by city planners and those who bought those units will have to transfer their money to a Beasley Lofts or Buffalo Hotel unit or take a refund. I don't know why he keeps trying to peddle his stupid hotel idea, no one seems interested.
If you guys have any questions, let me know.