The Bloom is Off the Real Estate

Buying a 1,144 square-foot condo in "the low $1 Millions" may not seem tempting, but it's a bargain relative to what we were seeing last year when the development's prices started at $1.5 million.

The ad depicting the finished building (right) doesn't show the half-completed structures behind, where construction has been halted for months.

As the Dutch found out 400 years ago, the bloom is off the tulips.