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.
The article “Lonely at the top” in the May 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.
The “Biggest price cut of the day” feature that ran on the Web site on June 9 incorrectly listed the asking price of an apartment. Apartment 4B at 120 Eleventh Avenue is on the market for $5.4 million, not $5.04 million as it is listed on Streeteasy.com, according to Lida Drummond of Prudential Douglas Elliman.