The picture is from Thursday. I am standing on the corner of 7th Ave and Olive Way. I had just left the Vessel bar/ watering hole where I had a beer with a few colleagues after work. The ‘Olive 8’ condo tower still has 5 units left, but it seems like the opportunity to snap up a condo on the cheap from the distressed developer has now come and gone. The building was completed in 2009, and one bedroom condos typically listed for $500,000. One condo for sale on the property website Zillow had been sold in Nov 2010 for $328,000, probably by the developer to a speculator. The listing price (it’s a one bed, one bath condo) is now back up to $495,000.
