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Thursday, November 20th, 2008

Unlike other high rise projects in the area, Winthrop Club has garnered ample sales to clear its financing hurdle. Due to the current gridlock in the credit markets high- and mid-rise condominium programs in Evanston, akin to the rest of the region, have taken it on the chin of late. Through the third quarter of this year, there were a total of twelve net sales among eight new-construction condominium programs in Evanston, four of which either lost sales or recorded no new contracts thus far this year.

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