Seven weeks ago we alerted our readers to the opening of 188 King Street and provided a complete rundown of “Phase I” pricing (16 units). At the time, 3 units were already being advertised as “pending,” and only two units were listed on the MLS.
Today, 9 units are active on the MLS (including 7 of the original units), and four more are listed as active contingent. In addition, at least one unit that was originally identified as “pending” (#404) is now active.
And while it’s possible that the sale fell through, a quick review of the “Agreement of Sale” for 188 King specifically discloses that “Seller herein informs buyers that a number of units will be retained for investment purposes. . . . Some or all of these units may be designated as “Sold” for marketing purposes.”