Sales under $700/sq ft continue at 20 Pine - #510

We have to say that although we shamelessly poke fun of 20 Pine, we do think that the troubled FiDi conversion with the sexy marketing campaign (really, what exactly IS a Turkish Hammam anyway?) is actually doing something right, by blowing out units at lower prices, helping this overpriced market to finally start on it's way toward a correction.

We turn your attention to unit #510, an 1100 sq ft studio with a home office that sold for just $730,000 or $663 per square foot on June 1. Although this apartment was bought by investors (just guessing, unless "LLC" is in as a last name these days), we're excited that units seem to be trading in this building.