Hoboken’s Velocity: Sale’s Velocity Near Zero
By admin on Thursday, May 24th, 2007 at 5:20 am
Hoboken’s Velocity development has had its share of problems, unless of course long periods of an idle construction site are planned. It seems sales must not be as good as the developers had hoped, since according to Curbed.com, the first 40 units will be auctioned off to the highest bidder. This sounds like a sweet deal, if you don’t mind living next to low income projects. As Hoboken411 illustrates, the southern end of the two building development sits next to Hoboken’s more affordable side.
[Via Curbed]
