Sale at 15 William Street #8D

Prices are still going up and units in this building are selling well. Some in the real estate community believe that the Financial District has been generally under-valued, and are trying to have more parity with Tribeca. Not sure how long it will last, or how widespread through the area. My own view is that things will be pretty flat, but that this area will surge as the WTC is re-developed. Might be another 3-5 years, though. Could be some longer term speculation here.

It seems like the nicer and particularly reasonably priced buildings in FiDi are doing well. 90 William and 80 John are practically sold out. The general sense is that prices will go up as the World Trade Center gets developed. So I think it will be a good long term investment.