Saw on the news the other day that there are a lot of condo liquidations going on around the town. Some condos have their prices dropped from $300 grand to $200, a $100,000 price drop. Some condo buildings have the sign "Everything must go".
I know some builder was going to build a highrise condo/office/retail complex, The Nicollet, on the Nicollet Mall near the Orchestra Hall. I was told that is put on hold because it hasn't pre-sold enough units yet. I am actually glad if that falls through since I like the Nicollet Mall the way it is now. That big highrise looks like an eyesore to me.
Good luck to those who are selling their condos. It looks like a bumpy ride ahead.