PerryChase, I’m guessing that you looked at the Promenade in spectrum. I am currently renting “behind” that project in the Tribeca/Boardwalk complex. I’ve noticed in the last two weeks that there are crews working there till at least 11 at night (I assume it’s in the Promenade as that is the only construction taking place behind my unit) I figure the builder is trying to finish it as quickly as possible with the market falling hence the double shifts. In Tribeca I’ve noticed in the last month at least 4 condos go on the market. These (Tribeca)just finished being built I believe last year, and from the comp sheet a realtor dropped at my front door the developer still owns a few. It’s a good location, I think it will take a pounding price wise as the prices are still in the high 4’s to middle 5’s.
