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It began as a rental apartment complex but was converted to condominiums in 1980. It contains a mixture of condominiums, retail, and office space, including 1,075 apartments. The brutalist-style [ citation needed ] complex was designed by Gruzen & Partners [ 2 ] and developed by Prudential Insurance Company.
The 443-unit, 34-story residential condominium tower contains studio apartments, one and two bedroom units, and three bedroom duplexes. [ 4 ] [ 5 ] It was developed by the Lefrak Organization of Rego Park, Queens together with Melvin Simon & Associates of Indianapolis and the Glimcher Company of Columbus, Ohio.
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However, New York's condominium law was amended in 1997 to allow condominium associations to borrow money. [ 41 ] [ 42 ] The 1974 creation and then subsequent influence on policy by the Urban Homesteading Assistance Board, [ 43 ] a housing advocacy group, which enabled the conversion of over 1,600 foreclosed, city-held rentals into limited ...
Newport is a 600-acre (2.4 km 2) master-planned, mixed-use community in Downtown Jersey City, in the U.S. state of New Jersey, consisting of retail, residential, office, and entertainment facilities. The neighborhood is situated on the Hudson Waterfront .
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