The press release just arrived, two days later than promised, and here it is verbatim (don’t worry, it’s not very long):
FOR IMMEDIATE RELEASE
REDC HOLDS NEW YORK CITY’S FIRST SUCCESSFUL
HIGH-RISE AUCTION FOR SOLARIA CONDOMINIUM
Close to 1,800 Pre-Registered and 550 in Attendance
New York, NY – November 23, 2009 – Real Estate Disposition, LLC (REDC), the nation’s largest real estate auction firm, conducted the first successful NYC luxury high-rise auction for the Solaria condominium on November 22, 2009, with the developer receiving bids and contracts on all homes.
“This auction was an incredible success,” said Robert Friedman, Chairman of REDC. “The buyers of these luxury condominiums got some amazing deals and the developer was able to sell many homes in just a few hours. We already have more than 21 contracts, with over $17 million in proceeds from auction day, and we expect to sell the building out over the next month in our post-auction effort. We will announce the final sold amount once the program is complete. ” Continue reading