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And a condo named Aldyn is born

Started by Riversider
almost 16 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
http://a836-acris.nyc.gov/Scripts/DocSearch.dll/ViewImage?Doc_ID=2010110101080001 I guess the Rushmore lawsuit is not leverage here. Interesting offering plan for those that read prospectuses.
Response by NWT
almost 16 years ago
Posts: 6643
Member since: Sep 2008

It's the condo declaration, not the offering plan.

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Response by columbiacounty
almost 16 years ago
Posts: 12708
Member since: Jan 2009

Whoops.

Riversider is wrong again.

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Response by NWT
almost 16 years ago
Posts: 6643
Member since: Sep 2008

For now the building isn't split into saleable units. The declaration will be amended later to divvy up the single large Tower Unit (11th floor and up,) as the developer gauges what size apartments buyers want. (Assuming there's any interest at all....)

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Response by Riversider
almost 16 years ago
Posts: 13573
Member since: Apr 2009

Anyone know if there is precedent or how common it is for the A.G. to issue a no-action letter allowing the condo declaration and then not proceeding with an offering plan?

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Response by gcondo
almost 16 years ago
Posts: 1111
Member since: Feb 2009

it is my understanding that the AG doesnt really do anything. Martin act what?

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