--- In AsburyPark@yahoogroups.com, "justifiedright"
<[EMAIL PROTECTED]> wrote:
>
> Gary you make a good point. 3200 is a lot of condos.
>
> Perhaps the market adjusts the prices until they are all sold.
>
> Dan would know better than I.
>
>
Sell the 175 or so avaialable in the redevelopment zone that are built
(n Beach/wesley).
Downtown also has to be absorbed.
Depends on how much it costs to build and if the investor/owner(s)
needs to or want to reduce pricing. Depends if the bankers are putting
pressure on.
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