The gruesomely unattractive condo conversion at 75 Clinton and Montague streets (above Rite Aid) has scrubbed plans to sell the saltine box’s 74 units, instead vying to go rental. The building’s new owner, Dallas-based investment firm Invesco, will bring the project to market early next month, according to Crain’s.
Good luck: Prices range from $2,800 to $7,000 a month. Marketing Directors VP of Sales Angela Ferrara, the building’s marketing firm, says Invesco decided to take advantage of the “booming” rental market.
Before plans were approved in 2007 to go residential, 75 Clinton Street was a bankruptcy court. Is there a waft of irony there, perhaps?