Thursday, August 03, 2006

Condo Development Background to Consider

Making the email rounds in Mt. Lebanon this week: This link to a recent story from the Associated Press noting that economic conditions are changing underfoot for condo developers. As the market for upscale condos softens, potential profits are drying up. Planned projects are going unbuilt, and newly-built units are going unsold. The message for Lebo might be: Is this the right time to invest in the Zamagias project on Washington Road?
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