The Ritz-Carlton Residences in Baltimore has lowered its asking prices by about 30 percent on 30 of its 166 unsold high-end condos, a spokesman said Wednesday.
The Inner Harbor development, completed two years ago, has struggled to find buyers as demand for homes — luxury ones in particular — plummeted. Just 24 of the 190 units have changed hands; about a dozen more are under contract.
Greg Harris, a spokesman for RXR Realty, the developer, said new prices on the units range from $499,000 to $2.1 million. They're scattered throughout the development, some with water views and some with downtown-skyline views.