Book Cadillac's condos to come down in price.

[McIPor]

Its probably the view of the Holiday Inn, ATT and McNamara Buildings thats keeping buyers away. Tear those things down for a better view.

A $650,000, 3500sf live work unit in Bham just sold for $210,000 last week. Not much hope for the Book units no matter what they tear down for better views

[softailrider]

From what I understand, mortgages are very tough to get for condos these days. Way harder then for freestanding houses. Selling those remaining units is going to be difficult.

A friend of mine bought a condo in Las Vegas, at one of those highrises just off the strip. He paid just over 500000.00 about a year ago which he said was a steal. Since then the devolpers have lowered the price on his style unit by 150000.00. Nobodys falling over themselves to buy them either.

[MIRepublic]

Its probably the view of the Holiday Inn, ATT and McNamara Buildings thats keeping buyers away. Tear those things down for a better view.

A $650,000, 3500sf live work unit in Bham just sold for $210,000 last week. Not much hope for the Book units no matter what they tear down for better views

You have got to be kidding me that you think it's the views that are holding back buyers. I really hope your screenname doesn't indentify you as working for McIntosh Poris. That's be embarrassing, for them.

[McIPor]

. [quote]

You have got to be kidding me that you think it's the views that are holding back buyers

That is the reason being given for wanting to demolish the Lafayette Building. Look at the Holiday Inn, ATT, McNamara Fed, and Lafayette Buildings and let me know if you think I'm kidding or not

[Trumpeteer]

Incredible the number of real esate EXPERTS on this forum. Your attitude really shows well..as in half empty

[spiritofdetroit]

what is your source for the information that the hotel is failing miserably?

[Gistok]

You have got to be kidding me that you think it's the views that are holding back buyers. I really hope your screenname doesn't indentify you as working for McIntosh Poris. That's be embarrassing, for them.

MIRepublic... go to thread "Lafayette Buildings Top Two Floors Subsiding"... read pages 3 and 4 of said thread... and then come back here and you may want to "rephrase" your post....

[MIRepublic]

MIRepublic... go to thread "Lafayette Buildings Top Two Floors Subsiding"... read pages 3 and 4 of said thread... and then come back here and you may want to "rephrase" your post....

No. That the Holiday Inn, ATT and McNamara Buildings are keeping buyers away is just a patently stupid thing to say on its face, period.

[Gistok]

A $650,000, 3500sf live work unit in Bham just sold for $210,000 last week.

Don't tell them that.... it takes away some of their smug "I told you so"....