no-no cosmo: foreclosed condos

well it's official. cosmopolitan square is in foreclosure. this was going to be the tallest building planned for near the ballpark in east village (just across j street actually), but the first sign of trouble was the sales office on 6th that never opened. this looked like a really cool project too - interesting design, fire station integration, and of course, the 30+ stories, by far the tallest for that area.
i think this is the first big condo project downtown to go belly-up. probably not the last, unfortunately.

2 Comments:
I really liked the way this one looked.
Thats terrible.
but i have friends in 'real estate intelligence' companies who are clueless about real estate trends and who used to provide useless advice to Builders. They used to make nearly 100k but now they're all unemployed!
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