Feil Organization buys Chelsea office building for $72M
The developers overseeing the Apthorp’s controversial condominium conversion project have been hit with another two dozen violations by the city’s Department of Housing Preservation and Development, including several categorized as Class C violations — the most serious kind. According to the New York Times, a March 23 inspection of the stately Upper West Side building revealed exposed electrical wiring, a missing fire hose, illegally installed doors and padlocks in the hallways. Those come in addition to the 39 open violations developers Africa Israel USA and the Feil Organization already have at the 390 West End Avenue property. Apthorp tenants have long complained about poor conditions as a result of the renovation project, and a visit to the building by The Real Deal last year confirmed construction zones that were not cordoned off, common areas filled with debris, exposed cables and punctured walls and ceilings. Converted condominium units at the Apthorp are currently listed for between $2.4 million and $17 million. [NYT]
