Belvedere Towers Update

Belvedere Towers has the street blocked off and is ready to install the steel superstructure (stacked on the street) for the two floors of new penthouses on the shorter tower (probably beginning today). According to the sales agent, they need to get the penthouse superstructure up, roofed and enclosed before they can begin closing on existing sales. They have about 95 contracts (out of 176 small tower residences) and hope to begin closing relatively soon on floors 1-3. They are offering some financing and closing cost incentives to try and sell out the rest of the lower floors.

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