The Aurum, the Latin word for gold, has 115 units, ranging from studios to three-bedrooms. The studios are sold out, while one-bedrooms start at $678,000.
“Not everybody wants to live in a townhouse,” said Hope Street Capital Partner Sha Dinour. “I live in a townhouse. You have to go up and down the stairs all the time. It’s hard. People love to live in a townhouse street. But not everybody loves to live in a townhouse.”
“Pricing exceeded a lot of people’s expectations,” -Stephen Kliegerman, President of Halstead Property Development Marketing