Exact(1)
"I believe we're still a couple years off before we see any significant condo projects," he said.
Similar(59)
Now developers are back, starting or restarting ambitious condo projects.
Q. Let's move on to Brooklyn and your two recent condo projects.
"And that's when you're going to see more condo projects becoming rentals".
And in 2007 and 2008, the company opened two condo projects, Vail Mansion and 40 Park.
But there are other busted or stalled condo projects that we would get involved in.
This is post-bubble Miami, where banks are still skittish about backing new condo projects.
Maak compared 40 Bond and similar condo projects to designer labels' distressed jeans.
Q. Let's talk about your two new condo projects, starting with 50 United Nations Plaza, in partnership with Global Holdings.
A We are looking at busted condo projects; we've looked at defaulted loans on office buildings, hotels and land.
Many condo projects are now returning to the market after waiting out the downturn, at greatly reduced prices.
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