Showing posts with label condops. Show all posts
Showing posts with label condops. Show all posts

Oct 3, 2011

Manhattan Condos with Pools on Upper West Side

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While there are many apartment buildings on the Upper West Side most are pre-war coops. There are fewer condos and even fewer condops and only a select few condos and condops have swimming pools. Many new large construction developments are including pools, so there are more pools in luxury condos and condops than ever before.

According to a recent Corcoran.com Consumer survey 37%, the largest margin said a building with a pool is a top priority amenity for them.


Built 2011




The Aldyn Residences, Athletic Club and Spa includes 40,000 square feet of amenities overlooking the Hudson River including a 75' Swimming Pool and Hot Tub.

Apartment 2102 is currently for sale asking $16.900,000 (updated 12/15/2012)

Features 13 rooms, 7 bedrooms, 9.5 baths and your own private pool, 15 x 37, plus spa tub on the sun-drenched terrace of 3,800 square feet.






Built 2010

the Rushmore Pool


The Rushmore
LaPalestra Well Center

75' swimming pool





The four Trump Place condominium buildings have health clubs with pools.
120, 200, 220, 240 Riverside Boulebard
Built 200 -2004
Trump Place













The Alexandria - 200 West 72nd Street at Broadway -
Full Service Condo - Health Club, Pool, Hot Tub
Built 1991
The Alexandria -201 West 72nd POOL


The Alexandria -201 West 72nd POOL

















The Bromley
225 West 83rd Full service condo built 1988
health club with pool
The Bromley _ Upper West Side
The Bromley Pool
















The Boulevard 2373 Broaway
at 2373 Broadway, - Built 1989
The Boulevard is a full service luxury Condop.

Two level Health club with 75' Boulevard Pool





The New West
250 West 90th Street at Broadway - Built 1986
Full Service condo with rooftop pool
Full service condo, 21 floors, 185 apartments, rooftop pool and health club
The New west 250 W 90th at Broadway

New West















535 West End Avenue
at 86th Street
Full Service Luxury Condo Built in 2010
535 West End Avenue

535 West End Avenue POOL
















The Columbia
275 West 96th Street at Broadway - Built 1983
Full service condo, 35 floors, 302 apartments, garage, health club pool.
The Columbia - 275 west 96th Street at Broadway POOL
The Columbia - 275 West 96th Street at Broadway

















The Ariel (East and West)
Broadway at West 99th Street - Built 2006
The Ariel East and West, Broadway at 99th St.
Ariel Condos East & West POOL






The Ariel West and the Ariel East. Ariel East - Fitness center, pool



courtesy of:
Mitchell Hall, Associate Broker
The Corcoran Group
P (347 921-4255

Sep 22, 2011

Manhattan Condops: Best of Both Worlds

4 comments
What is A Condop? 


A condop is a residential building or portion that includes cooperative and condominium ownership structure. The condominium has a residential cooperative unit separate from the commercial unit and or garage unit.  

During the late 1980's several new developments were built as "condops" they were "hybrids" because the developer had an underlying mortgage on the residential portion of the project. The residential unit is legally a cooperative. Owners are shareholders in a corporation.

A condo can not have an underlying mortgage. I was an original owner/shareholder in one of the first luxury condops constructed on the upper west side.

I often get calls from other brokers about The Boulevard since I'm a resident broker. Many agents think a condop is a coop with condo rules. In many condop buildings that is true but the rules have nothing to do with what makes the building a condop.
The Boulevard 2373 Broaway

In new construction, in the offering plan, if the developer/sponsor leaves the purchasers/ shareholders/owners with an underlying mortgage the building is usually a condop. The underlying mortgage is included in the maintenance allocated proportionally to each apartment sold as shares.

New construction condops include The Azure and 1 Carnegie Hill on the Upper East Side and 305 West 16th street, a brand new luxury designer condop building in Chelsea and there is a new condop in Harlem. 

Most condops have right of 1st refusal like a condo, they are investor friendly and have the same unlimited sublet policy and amenities usually found in condos.

The Savanah, 250 West 89th Street

A condop can offer the best of both worlds. It can offer rules and amenities of a condo, tax deduction, lower closing costs (no NY state mortgage recording tax) like a coop because a coop is not considered "real property" it is considered "personal property." Condops are usually valued in between a coop and a condo.

There is an advantage to buying a condop if you can find one in the neighborhood and price range you require.




Contact me to purchase or sell in The BoulevardThe Savannah or any other Manhattan condop, coop, condo or new development.

Sep 21, 2011

Upper Broadway - Condos and Condops

3 comments
Upper Broadway, Upper West Side, Manhattan, New York, NY
Broadway is the busiest boulevard on the Upper West Side of Manhattan. Everything happens on The Boulevard.

Upper Broadway, the hub of the Upper West Side architecturally is an eclectic mix of pre war buildings with modern luxury full service buildings.

The most famous condo on Broadway,The Ansonia is Broadway's most opulent structure. When The Ansonia opened in 1904 it was called: 

"The most technologically advanced apartment house in the world"

Apthorp Apartments, the elegant full-block apartment complex built by the Astor family for the New York elite has converted its 163 apartments to condominiums. The landmark 1908 building has two addresses 390 West End Avenue and 2201-2219 Broadway between west 79th and west 78th streets.
While there are some grand prewar condos and coops on upper Broadway many of the residential buildings are post war modern condos and condops that were built on the Broadway corridor in the west 80's and west 90's during the late 1980's. New construction condos and a rental building have recently been completed in the West 70's.

The landmarked Apple Bank Building at 2112 Broadway at West 73rd Street and West 74th Street has been converted into 29 residential condominiums over the building's top four floors.

Post war Modern Condos and *Condops on Broadway from West 72nd Street to West 96th Street.
*Condop is a term for a residential building or portion of a building that includes both a condominium and cooperative ownership structure. Typically the condop refers to the residential portion of a building which is treated as a single condominium unit owned through a cooperative ownership structure.

The Alexandria - 200 West 72nd Street at Broadway - Built 1991
The Alexandria -201 W 72nd St
Luxury condo, 25 floors 202 apartments, pool, health club
The Laureate - 2050 Broadway - New Construction - 2011
The lau
New Luxury condo - Broadway at 76th Street

Linden78- West 78th Street & Broadway - New Construction - 2010
Linden78
Boutique Luxury condo at 78th and Broadway

The Broadway - 2250 Broadway at 81st Street - Built 1987
The Broadway - 2250 Broadway
Full service condo, 21 floors, 123 apartments, garden, health club

The Bromley - 225 West 83rd Street at Broadway - Built 1987
The Bromley _ Upper West Side
225 West 83rd Street at Broadway - Full service, condo, health club, pool, children's playroom

The Boulevard- Upper Broadway - Upper West Side
The Boulevard is a full service luxury Condop. Apartments range in size from studios to 4 bedroom homes including simplexes, duplexes and penthouses. Garage, two level health club, pool, racquet ball/squash courts, children's playroom, Duplex party room, solarium, landscaped roof deck.
The Savannah - 250 West 89th Street - 250 West 89th Street at Broadway - Built 1987
The Savannah
Full service condop - 20 floors, 140 apartments, garage, fitness room, roof deck

The New West - 250 West 90th Street at Broadway - Built 1986
The New west 250 W 90th at Broadway
Full service condo, 21 floors, 185 apartments, rooftop pool and health club

The Princeton House -215 West 95th Street at Broadway- Built 1987
Princeton House 215 West 95th
Full service condo, 17 floors, 213 apartments, garage, fitness room, roof deck

The Columbia 275 West 96th Street at Broadway - Built 1983
The Columbia - 275 West 96th Street at Broadway
Full service condo, 35 floors, 302 apartments, garage, health club pool.
The Columbia was the first modern luxury high rise built on Broadway on the Upper West Side. It is taller than most Upper West Side buildings because it is on the north side of 96th street. Above 96th street zoning laws allow taller buildings.

The Ariel (East and West) Broadway at West 99th Street - Built 2006
The Ariel East and West, Broadway at 99th St.


















The Ariel complex consists of two two glass towers, the Ariel West (the larger of the two) and the Ariel East. Ariel East, 2628 Broadway, 37 floors, 64 apartments. Ariel West, 245 West 99th Street, 31 floors, 73 apartments. Fitness center, pool, private playgrounds, jungle gyms, slides, half court basketball, screening room, billiards room, two childrens' playrooms, resident's lounge, pet grooming salon.


Most of the post modern condos and condops on upper Broadway feature luxury amenities such as pools and health clubs that are rarely found in pre-war and many post war buildings. Most have apartments that range in size from studios to 4 bedrooms. Prices range from $500,000 to over $5 million.


As a long time Broadway resident myself, it is a true pleasure to walk along Broadway and take advantage of the well established retailers, and restaurants. My favorites are: FairwayZabarsCitarella, the famous H&H Bagels and my office The Corcoran Group -Westside Gallery are all located on Broadway in the heart of the Upper West Side. I love running into past and current clients, friends and colleagues on Broadway.

Upper broadway - Zabars The Corcoran Group Gallery office
Hope to see you on Broadway!


If you would like to purchase or rent an apartment in a luxury condo or condop on the Upper West Side or if you've been thinking about selling your apartment, please contact me at 917-312-0924 or click here: Upper West Side Apartment Buyer or Upper West Side Apartment Seller.


 
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