It’s a plugged-in tipster that first notes that the ninety-eight (98) studios of 766 Harrison aren’t going the rental route but are rather about to hit the market as condominiums. Additional details when we have them.
∙ From Rendering To Reality (Although Not Quite Finality): 766 Harrison [SocketSite]
∙ The 98 “Sophisticated/Stylish” Studio Apartments Of 766 Harrison [SocketSite]
For those early readers who don’t bother to re-scroll, the latest and greatest view of 766 Harrison has been posted above.
Wow, who would buy these studio condos? Factor in HOAs, property taxes, interest and you’ll probably do better just renting. Besides, what is the resaleability of studio condos, especially when there are 98 of them setting comparables?
Once the developer fails to unload these, they will again become “rentals.”
Long term business rentals.
Only fools will buy these as condos.
Any idea what these are going to go for? This looks like the kind of “market rate affordable housing” that SPUR has been advocating.