A Condo Escape Clause for New York Liberals

October 28th, 2008

A New York condo developer is offering to let buyers back out of contracts signed between now and Election Day if Barack Obama fails to win the presidency.

The New York Times asks if this is a gimmick. I think I can answer that question. Yes, it is a gimmick. It's going over big with journalists, but I wonder how it will influence people who have real money on the line.