Thats what I first thought - theres 1,100 or so apartments in it - but estate agents Savills have been putting on 3 day events in a number of countries to promote it and bring in foreign buyers.How on earth are they going to fill this thing? There arent' that many rich people in Chicago...
If they made it more affordable, it would be built for the locals.
You are referring to people of Dubai, aren't you. :lol:Trust me, there are a lot of people here who can afford to live in this building. You wouldn't guess it because here, people don't flaunt their money like people in some other places do. That's one reason why i love Chicago, we're reserved and classy. :cheers:
2520 N Lakeview Avenue # 22P4, Chicago, IL 60614but seriously if you calculate the average price for each unit, to make a decent profit the average price has to be well over $2.5million per unit.
so lets say they want to make about 250 million off this project
$3.25billion/1200=$2.7million per unit!!! yikes better start saving