# The Take-It-on-Faith Condo

By [Brandon Donnelly](https://brandondonnelly.com) · 2012-11-19

uncategorized

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Certainly a different take on presales (compared to Toronto):

> Rising demand and a scarcity of new apartments are creating something of a rush on new luxury condominiums, with buyers increasingly signing contracts for spaces even before they are built.

  
[The Take-It-on-Faith Condo](http://www.nytimes.com/2012/11/18/realestate/the-take-it-on-faith-condo.html?smid=tu-share)

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*Originally published on [Brandon Donnelly](https://brandondonnelly.com/the-take-it-on-faith-condo)*