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Book Cadillac penthouse lists at nearly $3 million in Detroit
Original: Listing at nearly $3M, a Book Cadillac penthouse tests Detroit’s high-end condo market
A penthouse in Detroit's historic Book Cadillac hotel building has been listed for nearly $3 million, making it one of the priciest condominium offerings in the city. The sale is being closely watched as a test of whether Detroit's downtown condo market can support luxury price points at this level.
Why now: The unusually high asking price makes it a bellwether for how strong demand for ultra-luxury housing in Detroit really is.
Evidence
- Listing at nearly $3M, a Book Cadillac penthouse tests Detroit’s high-end condo market · Crain's Detroit
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