^ Nice! That's one of the nicer condo buildings--no large podium.
Looking at the website, multiple condos in the millions.
I was just reading in Crains today how multimillion dollar homes in traditional suburban wealthy enclaves continue to have to slash their prices.
It's impossible for these high end condos/townhomes, etc downtown to not be playing a big role in this. Actually, a part of me wonders if downtown luxury is even sapping a bit of life out of the Lincoln Park luxury housing market? Probably not nearly as dramatic as what is happening in the burbs, but we do hear about price cuts for Lincoln Park real estate as well.
I do hope the market equilibrates, though. Having one area of town drain life out of another does not make for a healthy region--especially given how badly our State needs the tax dollars. A zero sum game will not help.
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