Nicks Pick For Most Overratted new Project-
Grand Plaza is by far the most overpriced project currently on the market. Don't get me wrong this is an awesome building with a great pool and even a running track/basketball court. The units are in "as is" condition think all White.
The lowest priced unit is just over 600 square feet selling for around $270,000ish plus $250 a month for parking. Recent developer incentives like no assessments and free parking are helping sales but in terms of resale in a couple years the numbers arn't looking good.