The Infinity team held a broker appreciation event in the spectacular unit 41B last night. As we sipped Champagne and nibbled canapes, Carl Shannon of developer Tishman Speyer congratulated the crowd on their astounding success in coming close to selling out one of San Francisco's best developments in the most challenging market in memory.
Mr. Shannon reminded us of something that will sound familiar to my regular readers: In the next 12 months there will be only 165 new units added to downtown inventory. After that there are no condominium developments set to break ground, period. This means that if a buyer wants a new high rise condominium, they have the best pricing and selection for years to come right now.
BLU, One Rincon and The Infinity are steadily moving their remaining homes. Discounts from list are the norm and my knowledge and expertise will afford you an incredible value. After One Hawthorn launches in early summer with 165 units you can quote Bugs Bunny by saying, "That's All, Folks."
If you or someone you know has contemplated a purchase Downtown, I highly recommend contacting me. Once this inventory is absorbed, selection will be limited to resales and prices, dare I say, may be higher for what will then be a very limited supply.
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