Quote:
Originally Posted by aluminum
^But this thing certainly won't have 100+ floor (or 1300'+) units to sell which are available exclusively in the Spire. Thats the 'big price' part of the Spire.
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It's also less than 1/3 of the Spire's units and probably 50% of its sales value.
Imagine you're a young professional looking for a one bedroom. Your choices are a 30th floor, 1100 square foot unit in the Spire for $1.2 million or a 70th floor, 1100 square foot unit in the Waldorf=Astoria for $900,000.
Most people don't know who Calatrava is, and these are both luxury developments. Don't think for a second that they're not competing for the same buyer.