Does "over 75% sold" mean over 75% have closed? If so, it's curious that the Recorder of Deed's office has recorded no deeds.
If it simply means that 75% are under contract, well, "these boots are made for walking."
The last sentence was a tip of the blog to Nancy Sinatra's classic song, "These Boots are Made for Walking" [I must admit I remember when it was new]. In an oblique way, I used that line to refer to people who today are walking away from contracts they'd signed on pre-construction condos when the real estate boom was in full swing.
Although visions of effortless and riskless profits danced in their heads as they signed the contracts and put down their money, the reality of the post-boom market place and the real probability of losing their shirts/blouses once they closed on the condos has encouraged many "buyers" to simply walk away from their contracts and forfeit their deposits.
So why do I bring this up? Well, a reporter for a major metropolitan newspaper contacted me to say he is interested in talking to folks who let their boots do the walking on a District condo. If you're willing to tell your tale, drop me an email with your story and contact info and I'll forward it to the reporter.