Building: 622-630 Foster Avenue in Midwood

Seven story elevator building containing 35 new loft-style condos. Apartments occupy 37,957 square feet of interior space; 6,512 square feet of balcony space and 12,895 square feet of set-backs and roof terraces. All apartments are self-sufficient with separate HVAC, hot water and laundry facilities.

Additionally, there are 23 indoor parking places and 10,000 square feet of commercial /community space with a different address (852 East 7th Street) and different access to the building.

Completion is expected in August, with occupancy early fall, 2007. Building is offered in its entirety until sales begin and the remainder can be sold in blocks thereafter.

The building is 80% tax deferred for 11 years and has a 20% per year phase in after that with full tax not charged until 2022. Full details supplied upon request.

Sales and marketing:

Corcoran