When Corcoran took over the sales effort at The Vermeil in July, there were seven units left. The Big C managed to quickly sell three of them, leaving, all you mathematicians out there, four unsold apartments by October. Since then three of the four units have received multiple price reductions, including a round of 5 to 10 percent cuts on Monday. The remaining listings range in price from $1,150,00 for a 1,642-square-foot three-bedroom on the second floor to $1,495,000 for a 1,758-square-foot three-bedroom on the fifth floor. At this point, the developers must be dying to put this baby to bed.
Checking in on The Vermeil [Brownstoner] GMAP
Changing of the Guard at The Vermeil [Brownstoner]
First Closing at The Vermeil [Brownstoner]
Condo of the Day: Price Cut at The Vermeil [Brownstoner]
Update on the Vermeil [Brownstoner]
More Price Cuts at The Vermeil
Copyright Brown - Brownstoner