Sheldon Good to auction 230 tri-state properties.Citicorp Mortgage and Summit Bank of New Jersey and Pennsylvania have authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: Sheldon Good & Company International to conduct a two-day, multi-property auction of 230 assets in the tri-state New York/New Jersey/Pennsylvania region. The properties include single and multi-family homes, cooperatives, condominiums and other properties in prime residential areas, as well as commercial properties that include office buildings, apartment buildings, townhome sites, former restaurant facilities and vacant industrial parcels. The bank-owned real estate is valued between $25-35 million. The sale will take place Saturday and Sunday, March 1st and 2nd, at the Sheraton Meadowlands, Two Meadowlands Plaza, in East Rutherford, NJ for the New Jersey, Pennsylvania and upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. properties; and Sunday, March 2nd for the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City/Long Island properties at the Crowne Plaza This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Manhattan, 1605 Broadway, in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The scope of Sheldon Good & Company's open-outcry "Metro 3 1997 auction" - the first in what is planned to be a series of 1997 multi-property auctions conducted by the company - takes in 56 towns and villages in New Jersey, 72 municipalities in New York and three in Pennsylvania - all within a 32-county area. At least one-third of the residential assets will be sold absolute, without reserve, to the highest bidders HIGHEST BIDDER, contracts. He who, at an auction, offers the greatest price for the property sold. 2. The highest bidder is entitled to have the article sold at his bid, provided there has been no unfairness on his part. regardless of price on days of auction. A substantial number of the commercial properties will also be sold without reserve, subject to very low minimum bids. Sheldon Good & Company's roster of 230 assets includes the widest variety of available properties. Highlights of the offerings follow: * An elegant five-story, 20-unit Parisian-style limestone apartment building at 44 E. 74th Street, situated on one of Manhattan's finest blocks between Park and Madison Avenues Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. , in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of the art gallery district, around the corner from the Whitney Museum. Currently with only 6 tenanted units, this property is ideal for conversion into luxury condominiums, as an embassy, a gallery, professional building or an elegant one- or two-family residence. * An elegant, three-level 4,946 square-foot single-family three-bedroom colonial contemporary "trophy home" with walk-out terraces in Plandome, NY, overlooking Manhasset Bay. * A 2,528 square-foot two-family frame home in the Woodrow section of Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. . * A four-acre lot with an expansive single-family home in Carmel, NY in Putnam County Putnam County is the name of 9 counties in the United States of America, many of which are named for Israel Putnam, who was a hero in the French and Indian War and a general in the American Revolutionary War:
* A studio 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 19th floor of the luxury Royale building at 188 E. 64th Street. * A spacious single-family residence in "move-in" condition in Monmouth, NJ, perfect for a growing family. * An expansive two-level condominium in the exclusive Roslyn/North Hills, NY area, close to many nearby golf and country clubs. * A 5,619 square-foot former restaurant facility in Ocean, NJ, with a four-bedroom, 2,091 square-foot apartment. * Sixty-six acres of land with 3,000 feet of frontage along Route 9 in Hyde Park/Dutchess, NY, with preliminary approval for 162 luxury town-homes. * An all-brick English mini-estate in Marlboro, NJ, elegant and spacious in a wooded area in move-in condition. * A three-story and historic commercial office building with 11,347 square feet of rentable space in Clinton/Hunterdon, NJ. * A bi-level, ranch-style home in Rockland County's Valley Cottage, with three outdoor decks and a two-car garage, perfect for the entertainer. * A 2,800 square-foot retail condominium in Mr. Olive Township Olive Township may refer to:
* A three-bedroom home in Catasauqua, Lehigh, PA. * A five-bedroom, 3.5-bath colonial-style "trophy home" in Upper Saddle River Saddle River may refer to:
All of the residential properties offered for sale will be available for inspection at "open houses" on Saturday and Sunday, February 22nd and 23rd. The commercial properties may be inspected during weekday business hour February 19th and February 20th. A seminar will be held in New Jersey on Wednesday, February 19th at 7 p.m. at the Sheraton Meadowlands hotel. In New York, the seminar will be held February 20th between 1-3 p.m. at Sheldon Good & Company Auctions Northeast, 18 East 41st Street, Suite 1600. Competitive mortgage financing is available to purchasers of both residential and commercial properties. Financing for properties auctioned by Sheldon Good & Company at its "Metro 3 auction" is available for New Jersey properties through Central Jersey Mortgage Corporation 1-(800) 8430058 and for the New York properties through Intercounty Mortgage, Inc. 1-(800) 216-5234. Ask for the auction finance department at either company. For additional information concerning the Citicorp Mortgage and Summit Bank 1997 Spring Auction program, call the Sheldon Good Auction Information Center at (212) 532-0084. |
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