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As long as there are enough micro 300 something sq ft studios and 1 beds under 550 sq ft they'll sell this and Mirvish Gehry easily. YC Condos will probably be at the bare minimum 70% sold after this weekend
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From Southcore at UT. Don't know how much credit to give this post, but I didn't even realize YC was in sales yet. Still pretty amazing, not crazy tall, but a good density builder.
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Yeah, it's going to be huge. You can tell pre con agents are having a 'we've turned the corner, there is no crash, developers kept pricing in check, the market has corrected itself' sense of confidence about this project and pre con in general. Last year had fewer launches but the the big ones all hit 70% or more quickly. This one will be no different, if anything it'll be even crazier than say Harbour Plaza (which did great). The repeated spin on pre con these days is 'you are buying at prices cheaper than 2011 so you can't lose', and investors are buying it, so let the good times roll, I guess. Core condos which isn't nearly as high profile has quietly done quite nicely (50% sold over the weekend it launched). At the end of the year we'll look back at this one as the 'biggest hit' for 2014.
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