One Museum Park East to rent 20 unsold condos

The developers of One Museum Park East, 1211 S Prairie Ave, will rent out about 20 of the building’s unsold condos, Crain’s reports. Don’t expect any rental programs at One Museum Park West, 1600 Museum Park, or Museum Park Place South just yet, though — those buildings still have outstanding loans and need to see more sales. Less than half of all units in the four buildings had sold by the end of September, but developers still aren’t ready to slash prices, the article says.

News of OMPE’s rental program is buried within today’s article about the $18 million hit that Central Station partner Forest City Enterprises recorded last quarter.

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