The Lodge at Bankers Hill is a new development that was supposed to be rentals. The project has been converted into for sale condominiums. It should be ready for move ins this fall.
They have announced price cuts and a 4% commission for real estate agents.
I'll speculate that this is going to a very common occurance for the many new projects that are hitting the market over the next year. Stay tuned to this blog as I'll be posting on price activity as I document it.