Avenue Communities has finally gotten real and lowered the prices of their last five or six units at Third Avenue Lofts. Things should start to move now. If you got the money ($3M) and want to live Downtown Scottsdale then you should check out their furnished penthouse...awesome. I don't remember the square footage but I think they're somewhere around $800 a foot, which is huge, but I bet you could grind them down.
Sunday, April 02, 2006
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Just sold a unit in Third Avenue Lofts for $900/sq ft. Crazy, huh?...Right now there is no high-end competition for Third Avenue, but I think that will change in the next year or so with so many developments being finished and (resales)coming on market. Then we'll see what Third Ave. can fetch.
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