Equinox returns Earnest Monies, Converting to Apartments
An Equinox buyer has expressed their relief followed by a sigh when sharing with us that they’ll be getting their earnest money back. There’s supposedly a letter being sent to notify buyers officially, but our source claims to have not yet received it. However, we’ve heard additional confirmations elsewhere.
Equinox, with its “off the beaten path” location, will now convert to apartments. Sales were extraordinarily slim even before we were officially in a recession. Did location have something to do with it? We’ll see how the apartment rentals go.Email