The Real Deal Miami

Some buyers close, others walk at Two City Plaza

October 27, 2008 05:35PM

More buyers have closed than forfeited their deposits at Two City Plaza in West Palm Beach, where 424 of the 467 units are in contract and closings are scheduled through January. So far, 50 buyers have closed and 12 have forfeited their deposits. Kolter, the developer, has no plans to cut prices, which range from $250,000 to $2.4 million.