Flatiron view adds to condo attraction.The upper four floors of 936 Broadway, a five-story 45,000 s/f office 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. on the southeast corner of 22nd Street and Broadway opposite the Flatiron Building The Fuller Building or as it is better known, the Flatiron Building, is in the borough of Manhattan, and was one of the tallest buildings in New York City upon its completion in 1902. , is on the market for sale through Eastern Consolidated. Benjamin Tapper, director, is spearheading the marketing initiative, which has zoning that allows for both residential and hospitality use. "The intersection of Broadway and Fifth Avenue with its centerpiece, the Flatiron Building, could be an ideal location for a boutique hotel Boutique hotel is a term originating in North America to describe intimate, usually luxurious or quirky hotel environments. Boutique hotels differentiate themselves from larger chain/branded hotels and motels by providing personalized level accommodation and services / facilities. property," said Tapper. "It's extremely rare that a property anywhere near such a world-famous icon as the Flatiron Building becomes available. Given the scarcity Scarcity The basic economic problem which arises from people having unlimited wants while there are and always will be limited resources. Because of scarcity, various economic decisions must be made to allocate resources efficiently. of hotel properties in the City right now, a hospitality play could become a very profitable venture." |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion