Corrections and Clarifications

New York /
Jun.June 09, 2009 05:27 PM

Correction: A chart that ran in the June issue, “Empty promises: A look at vacant
or largely unsold NYC residential projects,” misstated the name of the
developer currently involved with the Oro at 306 Gold Street. United
Homes is no longer involved with this project. 147 Flatbush Avenue
Property Owner
is now the developer of Oro. In addition, the twin tower mentioned in
the chart is not associated with Oro or its developer. Attorney
Kenneth Fisher, who was quoted in the chart, is not affiliated with
the developer or the project.

Correction: The article “Lonely at the Top” in the June issue of The Real Deal, overstated the total number of units at 1200 Fifth Avenue. The building has 50 units, 22 of which are sold, according to the Amended Condominium Declaration filed with the city’s Department of Finance. Of the remaining 28 units, at least 11 are actively listed for sale and at least 16 are rent controlled or market stabilized rentals, a source said.


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