Great Deal or "Get Real"?
Condos go for half-price in a unique Mindtown neighborhood.
July 28, 2010 at 11:26AM
Burned in stocks and bonds and bored by alternatives that pay 1 percent interest, I paid off my home mortgage last week, locking in a 5 percent return and assuring that the Deal of the Year would materialize the minute I wired my check. Sure enough, the stock market rallied, shares of FedEx went up nearly 10 percent in two days, and 18 new condos in Cooper-Young, a one-of-a-kind neighborhood in Midtown, were auctioned off last weekend for as little as $50,000.