Luxury condos selling briskly.
| Author | Cole, Rebecca |
| Position | REAL ESTATE - Brief article |
Although home sales are down and foreclosures rampant, the upper-level luxury market appears to be going strong. The well-heeled-and-glamorous turned out in droves to celebrate the recent grand opening of The Residences at the Ritz, a set of 25 luxury condos atop the Ritz-Carlton hotel in Denver.
Priced between $800,000 and $4.5 million, six are already under contract; buyers include second-home owners and empty-nesters downsizing big suburban homes.
For now, the Ritz units are the city's latest exclusive address; in 2010 the...
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