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Friday
Apr212006

FirstSide developers find raising condo prices doesn't deter buyers

FirstSide developers find raising condo prices doesn't deter buyers

Pittsburgh Business Times - April 21, 2006
By Robert Sandler

Living Downtown is proving to be far more popular than even some of its biggest supporters thought.

The 82 condominiums under construction at 151 FirstSide have been so popular that the developers have raised prices five times in the year the sales office has been open. While prices at most new condominium buildings typically increase 10 percent or 15 percent during construction, prices at 151 FirstSide have gone up by an average of 26 percent.

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