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A More Affordable Version Of The American Dream
Posted on May 26, 2008
The Worchester Business Journal reports from Massachusetts. The Falls at Arden Mills, a gated condominium development in Fitchburg, is eventually supposed to have 204 units. So far, though, only one building of the project, with 48 units, is standing, and only 11 of the condos are occupied. It s slowed down quite a bit, no secrets there, said Steve Callahan, president of Global Property Developers Corp. of Bridgewater, which is developing the project. Indeed, Massachusetts condo sales were down 32.6 percent for the first quarter of 2008, according to The Warren Group. With lots...
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