The first of those River Road units in the failed condo project has been rented out

89 River Road, Unit 230, has found a tenant at $12,000. These units were all originally intended to be sold, but after a year of meeting only a yawning indifference from the buying public, the developer repositioned them as rentals. Unit 230 started at an asking price of $2.995 million back in September 2021, for instance, and eventually dropped to $2.3 with still no takers, so Chimblo’s gone for cash flow — probably wise.