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Some condominium buildings in the United States have been listed on the U.S. National Register of Historic Places. In some cities in the United States, such as Lakewood, Ohio, city governments have attempted to invoke eminent domain upon residents to take over their property and enable private developers to build condominiums. [2]
At the Palm Bay Yacht Club, condo owners were told they would need to pay for a $33 million construction project, prompting a group of residents to sue the condo board, the building management ...
In condominium townhouses, the purchaser owns only the interior, while the building itself is owned by a condominium corporation. [55] The corporation is jointly owned by all the owners and charges them fees for general maintenance and major repairs. Freehold townhouses are exclusively owned, without any condominium aspects.
Trump Tower is a 58-story, 663-foot-tall (202 m) mixed-use condominium skyscraper at 721–725 Fifth Avenue in the Midtown Manhattan neighborhood of New York City, between East 56th and 57th Streets.
The WSJ reported condo inventory for sale in South Florida has more than doubled since the first quarter of 2023, to more than 18,000 units today, due to either rising insurance costs or repair ...
The condo-hotel design was approved after negotiations with New York City Mayor Michael Bloomberg. As a hotel condominium, 391 dwelling units within the building will be privately owned, but no unit may "be occupied by the same person for more than 29 days in any 36-day period, or for more than 120 days a year."
A $21 million special assessment fee has outraged residents of two 16-year-old buildings at 1060 Brickell in Miami, Florida, with some unit owners facing individual bills exceeding $40,000.
The project was designed by Bergman, Walls & Associates and built by Perini Building Company. [22] Trump Hotel Las Vegas opened on March 31, 2008. An opening ceremony was held by Trump and Ruffin on April 11, 2008. [25] By October 2008, only 21 percent of condo unit sales had closed, as potential buyers had trouble securing mortgages. [26]
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