A month ago, Yo learned that some homes were still available in Smithfield Properties‘ Joffery Tower (formerly “MoMo”), located at 8 E Randolph St in the Loop. This morning, while showing me around the building, Jason Pohlonski from @properties mentioned that Smithfield has reduced the prices of the remaining homes within the past week.
Pohlonski gave me an updated price sheet this morning, and comparing it with an older price sheet, it looks like most of the 21 available homes have been reduced by $10,000 to $24,000. The unit that received the biggest price cut is unit 2703, a 951 square-foot one-bedroom / one-bath that faces east. To my surprise, about half of the homes that are still available in the building face east, and many of them are on the upper floors, meaning that they probably have lake views.
Stay tuned for the video Pohlonski and I shot this morning, in which we tour a two-bedroom / two-bath and check out some of the building’s common amenities. For now, here are a few photos I shot today.
– Rate and review Joffrey Tower at NewHomeNotebook.com.
