Boynton Beach condo closes two sales, vows to hang in
This past weekend, officials with the Promenade condominium had reason to celebrate. Nine months after the Boynton Beach condo was completed, they finally closed two condo sales.
“Kids were swimming in the pool this weekend,” said Promenade official Pryse Elam.
It’s been a long time coming, and it was a big source of relief. The mammoth complex was finished last summer – in the midst of the worst real estate market in decades.
In an interview this week, a Promenade official acknowledged the real estate crash prompted the condo’s backers to consider canceling sales in the empty building. They toyed with other options.