---won't you don't realize is the Wesley is sitting nearly empty and
overpriced for this market.
Different buyer for downtown and oceanfront.
You don't realize is that North Beach is meandering along with
monterey and should think real hard about pricing these to sell.
Thery're about 1.5 years behind. Same issue. Not experienced in
building big and their marketing/sales style was somewhat lacking.
You're selling into a 20 year construction zone. The ESP has to become
part rental. part hotel, part condo.
Again, my suggestion from day one was don't be so f'in cocky in how
you sell something. It's not easy to find 224 people like you.
If you have 224 units to sell, let the buyer have some choice in
location. YOu spend millons to bring people in the door, only to turn
them off. It wss nearlt impossible to digure out what units were
avaialable. Not until the end of the summer did they start rying to
promote more units - but still didn't the buyer a choice in location.
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