What’s Going On at Schrager’s 40 Bond?

Gawker mentioned yesterday that sales at Ian Schrager’s new condo at 40 Bond Street have looked rather slow. Curbed today notes that flippers of one unit have slashed its sales price. And the Wall Street Journal, also today, notes that Ricky Martin has bought in the building.

So, what’s going on, exactly? Are sales slow? Or are they fine?

Judging by the facts, they’re fine.

We talked this afternooon with Kirk Rundhaug, the Sunshine Group broker helping run sales at 40 Bond. He said 24 of the building’s 28 units have been sold; four remain.

Not bad, considering the slowing Manhattan sales market.

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