December 22, 2017
Atherton, California has the nation’s highest median home sale price.
April 07, 2017
New condo tower pushes Tribeca boundary even farther east.
Written by Marianne Schaefer on April 05, 2017
Automated parking systems could be major revenue stream for co-ops and condos.
Written by Richard Klein on November 01, 2016
Sometimes the board’s lawyer needs to play bad cop.
October 04, 2016
Condo residents ordered to remove “Hillary for President” sign from their window.
Written by Dale J. Degenshein on July 08, 2016
A condo board successfully sues a dishonest purchaser.
June 13, 2016
Apartment sellers should clear the air before closing on a sale.
May 05, 2016
A lower Broadway wreck is reborn as luxe condos.
April 11, 2016
Staples of New York City life are shuttered to make way for more luxury condos.
January 13, 2016
It rose on lower Broadway in the 19th century as headquarters for the New York Life Insurance Co. More recently it housed New York City Criminal Court. In 2013, this 13-story, 419,000-square-foot behemoth became the single largest building ever sold by the City of New York – for the princely sum of $160 million.
Now it’s being converted – shocker! – into luxury condos.
Miami-based Peebles Corp. has secured a $334 million construction loan from Bank of America to convert the structure – also known as the Clock Tower Building – into 151 condo apartments, plus a 7,210-square-foot communal facility and 2,200 square feet of commercial space, reports Commercial Observer. The conversion is being designed by Beyer Blinder Belle, with a penthouse apartment that will include the building’s iconic rooftop clock.
The building is a city landmark and is also on the National Register of Historic Places.
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.