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Trousdel Village units on block again.


Trousdel Village units on block again

The co-op community that helped spark the real estate auction boom on Long Island's fashionable North Shore is at it again.

Sixteen months after its spectacularly successful premiere auction of 50 residences, a select grouping of 17 fully modernized mod·ern·ize  
v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es

v.tr.
To make modern in appearance, style, or character; update.

v.intr.
To accept or adopt modern ways, ideas, or style.
 apartments at Trousdell Village in Glen Cove Glen Cove, city (1990 pop. 24,149), Nassau co., SE N.Y., on the north shore of Long Island, at the entrance to Hempstead Harbor; settled 1668, inc. as a city 1918.  will be offered 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.
. Eight of the units, nearly half, will be sold "absolute", which means that the development's sponsor, Glen Cove Associates, is obligated ob·li·gate  
tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates
1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force.

2. To cause to be grateful or indebted; oblige.
 to accept the highest bid price no matter what it is.

The auction will take place on Sunday, June 23, at Anton's, 244 Old Country Road in Hicksville.

"There were some spectacular buys at the first auction and considering market conditions, there will probably be even greater values available to buyers this time around," asserted Steven W. Birbach, vice president of Carlton Property Auctions, of Great Neck, which will conduct the sale.

Nearly 70 percent of its apartments are already sold.

The 204-unit townhouse-styled complex is located at Sea Cliff Avenue at Glen Keith Road, off Glen Cove Road Glen Cove Road is a major north-south thoroughfare through north-central Nassau County on Long Island, New York, and the main road leading to the communities on the east shore of Hempstead Harbor. .

At the upcoming auction, all of the one- and two-bedroom apartments to be offered will feature new Eurostyle kitchens with the latest appliances, ceramic tile and wood floors, handsome new bathroom fixtures, and many other fine details.

The development, which features ample parking, is located near the Long Island Railroad and within minutes of beaches, boating, the Long Island Sound and the Nassau and Glen Head Country Clubs, Cove Tennis & Racquet Club and the Brookville Riding Stables. It is also situated in close proximity to the Miracle Mile Miracle Mile can refer to the following places:
  • Miracle Mile is a main street in Stockton, California, outside the University of the Pacific
  • Miracle Mile
 shopping district.
COPYRIGHT 1991 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Jun 5, 1991
Words:269
Previous Article:Gilbert tells IREM members: reverse exodus mentality. (Institute of Real Estate Management, John J. Gilbert III)
Next Article:Mother/son team restoring 95 Madison to 1912 'grandeur.' (Sklars)
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