In the high-flying days of the recent real estate boom, small condo
developments seemed like small potatoes in comparison to mammoth
projects like Miraval Living (410 units), Manhattan House (580 units)
and 15 Central Park West (405 units). But the tables have now turned. With financing now dependent on the
percentage of units sold, tiny projects — especially those priced to
sell — have a major advantage over their bigger counterparts. Case in point: Mason Fisk, the 26-unit project in Williamsburg which developer Justin Meshberg told The Real Deal is now 99 percent sold after going on the market in early March.

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