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You could need to check out safety of the constructing also. Some buildings require both a key or a code for somebody to get into. When a customer arrives, they are usually required to be buzzed in for the safety of all residents. But some buildings, especially older ones, haven’t any locks on the doorway door at all and anybody can come and go as they please.

The most up-to-date transaction at Cliveden was in April 2008, when a 2,842 sq ft unit on the 10thfloor of the primary tower was bought for $11.12 million ($3,914 psf). The buyer, believed to be a high-web value Asian investor, is now trying to divest the unit. At Colliers’ auction on Sept 30, it had an opening value of $eight million ($2,815 psf). That worth already displays a 28% discount to the owner’s purchase price seven years ago.


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