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October 7, 2009
Condo prices slashed 25% at big Brooklyn tower
Forty-story Oro in downtown Brooklyn to emphasize bargains over luxury.
Crain's NY Business
By Amanda Fung
In an aggressive effort to boost sales, the developer of the 303-unit Oro tower in downtown Brooklyn said Tuesday that it is slashing prices of its remaining unsold condominiums by as much as 25%.
To date, just 90 units have closed and 30 are in contract at the 40-story tower in the Flatbush Avenue corridor.
NoLandGrab: And Bruce is going to start on a residential building nearby within months of breaking ground on the arena. Yeah. Sure.
Posted by lumi at October 7, 2009 5:08 AM