Friday, January 30, 2009
The Isis, A Kenneth Horn/Alchemy Properties condo, continues to rise over East 77th Street and 2nd Avenue. Eventually 18 stories, this boutique condo has grown to 12 so far, a significant jump since we checked in last October. At this stage, the impressive cantilever is revealed in its full glory. Last we heard from a NY Times article dated early December, The Isis has shuttered the sales office until spring. Mr. Horn believes that in this market people are not buying from floor plans, so there would be little sense in having a sales office until people can get into the building to see what they are buying. You'd guess there is a little market timing involved as well.