Addison Hall
Started by re_reality
almost 13 years ago
Posts: 2
Member since: May 2009
Discussion about Addison Hall at 457 West 57th Street in Hell's Kitchen
A lot of supply in this building. Is there a problem with the co-op finances? Why does it look like so many owners are bailing?
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i'm curious too!
The finances are pretty good, the building has 240 units and with them being smaller units, people tend to upgrade or move on. I have a listing currently for sale. ALso since the prices are going up, people who bought in the bottom market are capitalizing and since there are studios, they are easier to part with.
Building finances are impeccable as of this posting there is absolutely no supply of units available.