Future Uncertain For Pricey Downtown Tulsa Condos
TULSA, Oklahoma - Two and a half years after breaking ground, owners of new downtown Tulsa condos Urban 8 still haven't sold a single one.
The eight units, which at one point had a price tag of close to $1 million a piece, don't have any new tenants.
The model along 3rd near Kenosha in the East Village is the only one furnished. Recently - an available sign went up outside of the Urban 8 office building, with the realtor only telling me the space is available for lease or rent.
The price of the condos has also been slashed by $200,000.
Developer Yvonne Hovell tells News On 6 the project is still moving along, but a glance inside the condos still shows bare, unfinished walls.
A call into Walter and Associates - who is handling the condo properties - hasn't been returned.