Developers invite buyers to have their cake and eat it in W. Clinton.Kaish & Taub Development Group is enjoying continued sales success at 517 W. 46th St., a new seven-story residential condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. property located between 10th and 11th avenues in Manhattan. Nearing completion, the building is anticipating occupancy in October of 2007 and, to date, has sold 70% of its units. The 42,000 s/f building features spacious one- and two-bedroom units ranging in size from 610 to 1,700 s/f. Kaish & Taub launched its sales effort for 517 W. 46th St. in mid-January of 2007 and has sold 32 of the 45 units available. Homeowners at 517 W. 46th St. will benefit from the 421-a tax abatement for the next 10 years. Also, the building's sponsor will cover a large portion of the closing costs Closing Costs The numerous expenses (over and above the price of the property) that buyers and sellers normally incur to complete a real estate transaction. Costs incurred include loan origination fee, discount points, appraisal fee, title search, title insurance, survey, taxes, , including city and state transfer taxes and the sponsor's attorney fee. "517 W. 46th St. is a remarkable opportunity for buyers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. more than the cookie-cutter condos that are typical of new construction at this price point in Manhattan," said Norm Kaish, principal of Kaish & Taub. "Our design team captured the spirit of this historic neighborhood while incorporating modern, high quality finishes into each home." 517 W. 46th Street's facade is adorned a·dorn tr.v. a·dorned, a·dorn·ing, a·dorns 1. To lend beauty to: "the pale mimosas that adorned the favorite promenade" Ronald Firbank. 2. with unique, brick-red Trespa panels and each individual residences features oversized o·ver·size n. 1. A size that is larger than usual. 2. An oversize article or object. adj. o·ver·size also o·ver·sized Larger in size than usual or necessary. windows, white oak floors and nine-foot ceilings. Most homes in the building also feature private terraces. Ten private rooftop cabanas for entertaining or relaxation offer 360-degree views of Manhattan and the Hudson River Hudson River River, New York, U.S. Originating in the Adirondack Mountains and flowing for about 315 mi (507 km) to New York City, it was named for Henry Hudson, who explored it in 1609. Dutch settlement of the Hudson valley began in 1629. . Residents have the opportunity to purchase individual cabanas, which range in size from 200 to 450 s/f and are equipped with electricity and running water. Individual cabanas are priced from $40,000 to $75,000. Individual condo units range in price from $605,000 to $1.485 million. Prudential Douglas Elliman is exclusive marketing and sales agent. |
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