The auction of the South End condo development known as The Modern has been canceled.
There are 25 units in the project; fifteen sold during the two years of marketing and the remaining 10 were scheduled to be sold during an auction on Sunday, May 18.
The developer has received strong pre-auction bids on several of the remaining units, and has decided to attempt to sell all ten to individual buyers.
Offers are being accepted between now and May 18 (no word on what will happen if the units don’t all sell, before then …).
The developer is offering a 5% broker’s commission to any agent who has a buyer who closes on a unit.
Meaning, call me.
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