Quote:
Originally Posted by 123fakestreet
I don't mean NYC price per sqft. I just mean NYC has a lot of $10m+ condos and Chicago doesn't. I don't think there is a big market for that here. Trump was selling his at $1,400 sqft back in 2008, right? Now units are going for $1,100 or so. I would think full floor units in this building would get a premium on trump. Maybe $1,500? Then how big will the floors be? 10,000 sqft?
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That's the thing, the face price doesn't matter at all in a comparison, it's the price per square foot. $1,500/SF is still less than half what condos in the supertalls in NYC that are building built right now are going for. These condos will probably all sell to wealthy Chinese who are looking for neighborhood to immigrate to with fantastic schools. LSE is perfect for them in that regard.
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