Monday, October 6, 2008

FourOneSix Condos Delayed Until January

Not too surprising. From the News-Press:
Beset by a distressed economy and a soaring number of city inspections, the FourOneSix mixed-use condominium project on Broadway Avenue has pushed back its opening to January and will wait until its debut to push ahead with unit sales, officials said Friday.

After the project was approved more than two years ago, officials have sold just 14 of 115 units, according to officials with the development firm Intercorp, which is overseeing the project.
Their sales office on Brand has been open for about two years. I like the location - safe (next to the police department) and equidistant between Trader Joe's/Ralphs and downtown Glendale.

1 comment:

Kendyl Young said...

Condos are a tough sell these days. I think these guys are smart to delay a bit more.