There’s a new leader in the “My luxury condo project is pricier than yours” contest. The average price-per-square-foot at The Ritz-Carlton Residences, 664 N Michigan Ave, (see picture) has surpassed that of Trump International Hotel and Tower, 401 N Wabash Ave, with The Ritz standing at $1,076 and Trump at a bargain-basement $1,040, according to a story in Crain’s Chicago Business. The blowhard billionaire’s response? “That just shows what a great bargain people get to be in a better building in a better location.”
This salvo came from Jim Kinney of Rubloff Residential Properties, which is marketing The Ritz-Carlton: “If you’re buying brands do you buy Ritz or do you buy Trump? I think you buy Ritz.”
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