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Re: The Beacon
#1
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I attended the entire auction. They started with the 2BRs until they found a bottom, then moved onto the 1BRs. Here are the prices by apartment (don\'t forget to add 10% to the prices listed below; if the buyer does a quick close, they can deduct 2% from the price):

2BR:

C-1512 = $425,000 [1,203 sqft]
C-1609 = $430,000 [1,366 sqft]
C-1209 = $425,000 [1,366 sqft]
C-1109 = $385,000 [1,366 sqft]
C-614 = $375,000 [1,200 sqft]
R-1505 = $350,000 [1,278 sqft]
C-709 = $370,000[1,366 sqft]
C-609(*) = $370,000 [1,200 sqft]
R-1502 = $360,000 [1,278 sqft]
R-1702 = $357,500 [1,278 sqft]
R-1402 = $350,000 [1,278 sqft]
R-1805 = $350,000 [1,278 sqft]
R-303 = $330,000 [1,269 sqft]
C-520 = $320,000 [1,202 sqft]
C-515 = $315,000 [1,200 sqft]
C-113 = $305,000 [1,202 sqft]
C-315 = $305,000 [1,202 sqft]
C-322 = $305,000 [1,202 sqft]
R-203 = $305,000 [1,159 sqft]
R-804 = $305,000 [1,023 sqft]

1BR:

R-606 = $287,500 [1,070 sqft]
R1606 = $287,500 [905 sqft]
R-701 = $277,500 [863 sqft]
R-1902 = $275,000 [820 sqft]
R-1506 = $270,000 [905 sqft]
R-1006 = $257,500 [905 sqft]
R-1807 = $257,500 [764 sqft]
R-806 = $255,000 [905 sqft]
C-1809 = $210,000 [795 sqft]
R-410 = $212,500 [853 sqft]


All apartments were sold absolute, with the exception of the unit marked with a (*), which was sold with reserve (i.e. the seller has the right to refuse the winning bid). Following the sale of unit C-709, the seller started selectively marking certain units as being subjected to reserve.

Posted on: 2009/6/29 15:00
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