Hyde Midtown Adds MORE Incentives, Opens In 4 Months
It seems that Related Group is very interested in opening another building in sold-out status. In May, they introduced a two-year leaseback program that guarantees income to rental investors at Hyde Midtown, and now they have stacked on more incentives. Not only are they offering the apartments finished, they are also offering furnished options. Buyers can also opt for credits that pre-pay their HOA and take advantage of seller financing.
Since the project is just 4 months from completion, the deposit structure has also been relaxed. Buyers can purchase with a 30% deposit rather than the previously required 50% deposit. Prices of 1 bedroom apartments, which include the leaseback program start at $405,900. The 2 bedroom apartments that include finishings and furnishings start at $597,900 and penthouses with 20 foot ceilings start at $754,900.