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News-Sentinel.com Your Town. Your Voice.
Opening Arguments


We can't seem to get people interested in condos downtown. In Indianapolis, meanwhile:

A sprawling Mass Ave. condo with a vibrant skyline view has sold for $1.7 million, the highest price paid for a Downtown condo so far this year.

The one-level, 4,064-square-foot unit at 333 Massachusetts Ave. is one of only 10 condos in Central Indiana that have sold for more than $1 million in the past five years, but demand for higher-priced homes has increased from last year.

[. . .]

The Mass Ave. condo has a definite appeal, say the buyers. A beautiful skyline view and convenience — walking distance from just about anything they would want, said Jan McCormick, who moved in about a month ago with her ophthalmologist husband, Charles, and their dog, Peanut Butter.

“All of Indianapolis is my backyard now,” said Jan McCormick, who shares a busy social life with her husband as empty-nesters. “It's really awesome.”

A view of the skyline is nice and "walking distance from just about everything" has its merits, but it doesn't seem $1.7 million-awesome to me. On the other hand, I wouldn't stick a poor dog with a name like Peanut Butter, either.

And before they brag too much in Indy:

There's a condo for sale in Manhattan and if there's a more expensive apartment on the market, we'd like to see it. Seriously, we would really like to see it.

In the Mark Hotel, one of New York's best, are 100 rooms and 50 suites plus eight condominium apartments. At the top is the pièce de résistance: a 9,037-square-foot, five-bedroom. eight-bath, duplex penthouse, with a huge terrace. The price: $60 million.

At that price, the listing, which is being handled by the Corcoran Sunshine Marketing Group, comes in at a whopping $6,600 a square foot. To put that in perspective, the average 2,200-square-foot home being built today would sell for more than $14 million.

Yikes. What kind of people would pay that?


Bob G.
Tue, 04/20/2010 - 9:13am

How about the ones Barnum said were "born every minute"?

Andrew J.
Tue, 04/20/2010 - 8:35pm

Hey, there's more to life and being successful than buying an $22,000 fixer-upper in New Haven.