Surprisingly Blunt Talk about a High-Rise

In the Sunday Houston Chronicle I read with interest the comments of the operations director for Developer Sales Group, which markets condos at the Mosaic on Hermann Park. a new twin-tower high rise under construction that will have 790 units for sale when completed. To date, they have closed on "about 65 units".  To read more about the Mosaic, the credit crunch and the impact on high-rise properties, you can read more here:

http://www.chron.com/disp/story.mpl/business/sarnoff/5713519.html

Comments

[Jessica Stern]

I read the whole article and actually went over to Mosaic. Beautiful building. Spoke to Ken Manfredi and he explained that the comments written were abbreviated but accurate. My understanding is that they are averaging 5-6 new sales per month and doing well. The sales staff is knowledgeable and friendly and the tour was very comprehensive. A must see for any real estate agent.