If you have buyers who need funding...I can help!
Bill R
972.867.4669

-----Original Message-----
From: pezman.rm [mailto:[EMAIL PROTECTED]
Sent: Tuesday, March 01, 2005 9:57 AM
To: [email protected]
Subject: [RealEstate] Condo Conversion in NYC




Hello All:

                  Ladies Mile Historic District

West 17th St.  ( 6 story building with Parking Lot)
 West 18th St. ( 4 story building)

City has approved plans for 106 condos on the upper floors of the 2
buildings. One building will be 13 stories,the other will be 16
stories.
The bottom 3 floors are approved for commercial /retail. The facade
must
remain in compliance with the historic disrtict designation.

Net buildable area is 136,000 sq ft.
Zoning is C6-4A;FAR of 10. Taxes now are $187,072 per year.

Price is $45 million and buildings will be delivered vacant. Prices are
$1,000 a sq ft for condos in that area and rising. Buyer must pay a
brokers
commission of 3%. Principals only.

Sincerely
Bill Perez
Wellington Capital Group Inc.
12797 Pineacre Court,Suite 200
Wellington,Fl 33414
866-459-3716
Fax 775-251-8840
[EMAIL PROTECTED]






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Apply for Commercial Real Estate loans online and submit your deal to dozens of 
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RealEstate
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