The Real Deal New York

Sales are underway at Trump Parc Stamford, a luxury high-rise condo being developed by a partnership between Donald Trump, Thomas Rich and Louis Cappelli. The 34-story glass and steel tower will have 170 units and is expected to be ready for occupancy in early 2009. Since sales began for the homes in early June, more than 20 percent have sold. About one fifth of the buyers were Manhattan residents. TRD