From the October issue: They’re known as “dog” lines: the vertical row of apartments in a condo
building that are hardest to sell. They may lack a view, be oddly laid
out, or be smaller than their neighboring units down the hall. While dog lines tend to sell last in any market, they can be
especially difficult for developers to deal with in a downturn like
this one. David Sigman, a senior vice president and principal with the
development group LCOR Incorporated, which has several New York
projects, said that developers may be particularly vulnerable to dog
lines if they negotiated minimum sales prices with their lender and the
offers for apartments are coming in below that amount.