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Old 05-15-2008, 03:15 PM
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TeddyP27 TeddyP27 is offline
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Join Date: May 2007
Posts: 147
Default Westrum Drama..

Did someone call me? I heard chatter about Westum here!! Basically the big 5 units there that are between 650-750k that overlook Falls Bridge and PHA are the big ticket items on the auction block. There has been no development there since they finished the existing buildings and, of course, the market is really slow. We hope that this will recalibrate the market pricing for their product.

With regards to the 31st and Thompson site, there are only about 20-25 units remaining. Some are still being marketed by Westrum, and some appear on other real estate sites. There is a steady stream of tours on the weekend. If you are thinking about this site, go to Craigslist and rent one for a year. If you still like it, then when one pops up on the market you can make your move. I suspect some current owners might even cut you a deal now. There are still almost 450 units that are on the drawing board for the Brewerytown Master Plan. Don't expect to see any more than the cool signs for a while.
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