You know times have changed when three pre-construction sales can make headlines. Crain’s reports that the 88-unit Ritz-Carlton Residences, under construction at 664 N Michigan Ave, is close to 50 percent under contract after landing three new contracts in three months — “a promising sign” for the building, the story says. Ritz-Carlton’s condos currently run from $1.25 million to more than $12 million, according to Crain’s.
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