StreetEasy Forums · Sales

building at 32 Gramercy Park South

Started by GramercyWatcher

over 15 years ago

Posts: 4

Member since: Nov 2010

This building just reduced it's maintenance! How rare is that?

Response by castle2071

about 15 years ago

Posts: 13

Member since: Oct 2009

what amount of savings do you need to pass the coop board?

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Response by NWT

about 15 years ago

Posts: 6643

Member since: Sep 2008

They apparently went co-op in 1982 with a mortgage of ~$16M. They've got it down to $3.5M, which couldn't have been easy.

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Response by NWT

about 15 years ago

Posts: 6643

Member since: Sep 2008

Make that 1984 and ~$11M.

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Response by gpwatcher

over 13 years ago

Posts: 0

Member since: Jan 2013

Be careful here. Very difficult Board actively working to reduce the buildings value

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Response by jtseng

over 13 years ago

Posts: 0

Member since: Apr 2012

gpwatcher, can you explain?

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Response by gpwarcher

over 13 years ago

Posts: 0

Member since: Oct 2012

Board rejected last two applicants.

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