Day: 26 MonAsia/Phnom_Penh2010-07-12T05:05:02+07:00Asia/Phnom_Penh07bAsia/Phnom_PenhMon, 12 Jul 2010 05:05:02 +0700 2013

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Several pre-war buildings are becoming condos

845 West End Avenue

In yesterday’s New York Times, the lead story in the Real Estate section notes that “a number of interesting and distinctive prewar buildings are being converted to condos.”  The trend has emerged over the last decade as developers began to prefer that route for shifting a rental building to ownership.

Writer Hilary Stout cites as examples, 36 Gramery Park East, the Devonshire House (28 E. 10th St.), 845 West End Ave., 610 W. 110th St., 220 W. 93rd St. and 314 W. 100th St.

The author is careful to provide some of the downsides to purchasing a condo in a building under conversion–for instance, Continue reading →