(To read more on the multifamily market, click here.)

STAMFORD, CT-The 92-unit Mill River House condominiumdevelopment, which is still under construction here, is 100% sold.The complex is located on a brownfield site that was once home toan abandoned automobile dealership.

Seth G. Weinstein, principal of Hannah Real Estate Investors,LLC of Stamford, and Paxton Kinol, principal of StillwaterInvestment Management, say the $25-millionproject at 35 West Broad St. will have owners beginning to movein by November. The sales price for the units ranged from $350,000to $625,000. Commenting on the sales at Mill River House, HannahReal Estate's Weinstein says, "Clearly it was the right project, inthe right place, at the right time."

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.