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A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...
The design of the building includes, from the ground up, retail space, a parking garage, a hotel and condominiums. The 339-room hotel opened for business with limited accommodations and services on January 30, 2008, then full accommodation and services on April 28. The building was topped out in late 2008 and construction was completed in 2009.
The Buckingham, formerly known as Buckingham Plaza, is a 44-story all-residential condominium designed by Fujikawa Johnson & Associates. [1] Located on East Randolph Street in Chicago, Illinois, the building sits between the new 340 on the Park building to its west and the older Outer Drive East building to its east.
What defines a condominium is the form of ownership. A building developed as a condominium (and sold in individual units to different owners) could actually be built at another location as (for example) an apartment building (the developers would retain ownership and rent individual units to different tenants).
In 2001, the building was sold to developer Draper and Kramer who, with Booth Hansen Architects, converted it to residential use, with the first two floors dedicated to upscale office and retail space. High-end condos make up the rest of the building. The new owners restored the building's name to the Palmolive Building. The business address ...
Marina City is a mixed-use residential-commercial building complex in Chicago, Illinois, United States, North America, designed by architect Bertrand Goldberg.The multi-building complex on State Street on the north bank of the Chicago River on the Near North Side, directly across from the Loop, opened between 1963 and 1967. [1]
The vast majority of states in the United States employ a system of recording legal instruments (otherwise known as deeds registration) that affect the title of real estate as the exclusive means for publicly documenting land titles and interests.