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It was the first apartment development in the United States to receive federal funding. [3] The average cost of "Lung Block" to Knickerbocker Village was high: $3.116 million, or $14 per square foot. The development's tax assessment was reduced by two-thirds to bring the monthly room rental down to the $12.50 stipulated by the RFC.
Bensonhurst is a residential neighborhood in the southwestern section of the New York City borough of Brooklyn.The neighborhood is bordered on the northwest by 14th Avenue, on the northeast by 60th Street, on the southeast by Avenue P and 22nd Avenue (Bay Parkway) and on the southwest by 86th Street.
Planning permission to re-develop the derelict building was granted to Manhattan Loft Corporation in 2004. The upper levels of the gothic structure were developed into 67 apartments, and a 245-room hotel was opened in 2011 after the ten-year restoration work. [14] [15] [16] The St Pancras Renaissance Hotel remains under Handelsman's ownership [4]
Alfonso Cobo Gutted a Multi-Million Loft, and Then “Owning Manhattan”’s Jessica Markowski Did the Unimaginable with the Sale (Exclusive) Skyler Caruso December 11, 2024 at 6:00 AM
555 Edgecombe Avenue is at the southwest corner of Edgecombe Avenue and 160th Street in the Washington Heights neighborhood of Manhattan in New York City. [6] [7] [8] The trapezoidal land lot covers 13,926 square feet (1,294 m 2), with a frontage of 102.58 feet (31.27 m) and a depth of 150.42 feet (45.85 m). [8]
It was supported by the New York State Housing Finance Agency through public bonds issued by the state of New York, coupled with tax exemption. [6] Five out of the seven buildings were part of the Mitchell-Lama Housing Program until 2007. [3] It is the only Trump-branded building complex named by Fred Trump rather than his son Donald. [7]
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