Luxury apartments at the Solaria high-rise in Riverdale are going up for auction on Nov. 22, with starting bids at nearly half-price.
It’s either been a lonely or very exclusive three years for the occupants of 10 apartments in this fancy high-rise Bronx condo.
After years of being battered by a slumping economy and stagnant sales, developers of the swanky Solaria in Riverdale are hoping the market is back by trying a new sales technique.
They are putting 54 of the long-empty condos on the auction block - with starting bids around half the original asking prices.
The auction, slated for 1 p.m. on Nov. 22 at the Sheraton New York in Manhattan, is being billed as the largest auction in the Northeast.
“This is really a great opportunity for folks,” said Jim Corum, president of Real Estate Disposition, the auction company running the sale.
The Solaria in Riverdale
”I’m not aware of another luxury condominium, especially in New York City, coming up for auction.”
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