Posted Nov 17, 2013, 12:15 AM
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Homo sapiens sapiens
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Join Date: May 2012
Location: 3rd planet from the Sun
Posts: 1,666
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Condos making a comeback
Dirk Perrefort - Published 3:35 pm, Saturday, November 16, 2013
Quote:
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McCarthy is also representing the Ridgeview condo complex currently under construction in Danbury on Clapboard Ridge Road. While the buildings have yet to be completed, McCarthy said they've already sold several units in the development.
"People are coming back to buying dirt and air, they are putting money down on something that hasn't been built yet," she said. "That's something we haven't seen in a long time."
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Paul Scalzo, the president of Scalzo Group Real Estate Services, said development along with city's west side, particularly the Rivington complex under development by Toll Brothers, is helping to drive the area's condo market.
The complex, which is still under construction, includes luxury townhouses, flats and carriage houses can cost as much as $500,000.
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Completed: Riverview (871 Rederal Road, Brookfield)
Thursday, Nov. 14, 2013. Photo Credit: Carol Kaliff
Sewer system construction:
Thursday, Nov. 14, 2013. Photo Credit: Carol Kaliff
Under Development: Ridgeview (12 Clapboard Ridge Road, Danbury)
Thursday, Nov. 14, 2013. Photo Credit: Carol Kaliff
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