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The condo must wish this'd get sold already.
The broker/owner (Ilan Bracha) hasn't paid his CCs since the place was listed in February 2011.
Per the Lien of Common Charges the condo just filed, the total has passed $12,000.
weird they didn't lower the price with a lien on. maybe the lien issue was solved and it's being sold by the broker / owner? poor guy, bought when the bubble was going strong, probably overestimated his avg income over the cycle.
Uh, no. The lien was filed just the other day. A few months ago he bought this: http://streeteasy.com/nyc/sale/434534-condo-80-riverside-blvd-lincoln-square-new-york
They apparently are in no rush to sell, and would just as soon have their fellow owners carry the weight until it does sell.
Well, the fellow owners can take some solace in the fact that Mr. and Mrs. Bracha will not be allowed to use the 220 Riverside gym anytime soon!
It's been sold, so the condo will have finally gotten its CCs:
05/11/2004 Previous Sale recorded for $1,372,000.
02/10/2011 Listed by Keller Williams NYC at $2,690,000.
02/21/2013 Price decreased by 7% to $2,495,000.
05/01/2013 Listing entered contract.
07/18/2013 Sale recorded for $2,385,000.
RE, the socialist version of capitalism. I take all the upside, and spread all the risk to my neighbors, family and friends!
And it's even better when it's a flipper/Borker stuffing the co-'owners' ... Nice nice. Go team RE!