Vue Update, San Pedro
By Rebecca Chambliss
(Vista Sotheby's International)
As the calls and emails continue to come in asking for information about what is going on with the condos downtown, I am well overdue for an update. The Vue has been renegotiating contracts with buyers apparently. Price and terms are both up for negotiation, I also hear they are working with a new lender who might be a little more flexible with buyers. There are a number of people who have said they are walking away. There is an attorney negotiating with the Vue attorneys to settle with a group of buyers who are unable or unwilling to close. There are other buyers who are closing and planning to move in. I haven't seen anyone there yet but I do know they are leaving lots of lights on at night to make it appear well lived in. I haven't seen the offering plan, but I might suggest thos...