It's been a long slog, but we're hearing from the broker that the first wave of closings at 105 Lexington Avenue, a very nice loft conversion project on the Clinton Hill/Bed Stuy border, is about to happen. (To clear up some confusion, this is a different project and developer from 95 Lexington.) To date, eight of 32 units are in contract. There haven't been any price cuts recently but the sponsor has a deal on the table to pay one year of common charges for anyone who signs a contract before June 1. The average price per square foot of the listings is $533, according to StreetEasy. There's an open house from 3 to 5 p.m. on Sunday.
105 Lexington Avenue Listings [StreetEast] GMAP
105 Lexington Avenue Coming to Market [Brownstoner]