First condo is bought in push to revive once-foreclosed San Jose towers

SAN JOSE — A quest to revive two previously foreclosed San Jose housing towers has reached a key stage with the first sale of one of the condominiums in the landmark high-rises.

The selling effort has begun for condos at 188 W. St. James, a 640-unit residential tower complex in downtown San Jose. The residential hub consists of a 22-floor eastern tower with 337 units and a 20-floor western tower with 303 units.

Machine Investment Group, the principal owner of the residential hub at 188 W. St. James St., is seeking to sell all of the condos in the housing complex.

The first condo in the current sales campaign was sold for just under $1.19 million, documents filed on May 15 with the Santa Clara County Recorder’s Office show…

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