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New condo community hosts lottery, now 62 percent reserved.

Publication: San Diego Business Journal
Publication Date: 26-JUL-04
Format: Online - approximately 471 words
Delivery: Immediate Online Access
Full Article Title: New condo community hosts lottery, now 62 percent reserved.(Palermo)

Article Excerpt
Homebuyers eager to enjoy an urban lifestyle close to Little Italy snapped up 35 units offered at the July invitational lottery at Palermo, downtown's newest condominium community. The 230-home community at 1501 Front Street, close to the walking and bicycling paths along the waterfront, recorded 142 reservations.

With pricing starting in the low $300,000s, Palermo is attracting first-time buyers as well as those wishing to downsize to a low-maintenance...

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