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The towers' $3.3 million in real-estate taxes exceeds by more than $1 million what Guttenberg collects from the rest of the property in town. [6] As of November 2011, one-fifth of the town's population lives in the Towers, though reporter Stephen LaMarca incorrectly stated in the Hudson Reporter that 'most' of the town's population lives in the ...
Edgewater is a borough located along the Hudson River in Bergen County, in the U.S. state of New Jersey.As of the 2020 United States census, the borough's population was 14,336, [11] [12] an increase of 2,823 (+24.5%) from the 2010 census count of 11,513, [21] [22] which in turn reflected an increase of 3,836 (+50.0%) from the 7,677 counted in the 2000 census [23]
A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
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During the late 1970s and 1980s, the city witnessed a speculation spree, fueled by transplanted New Yorkers and others who bought many turn-of-the-20th-century brownstones in neighborhoods that the still solid middle and working class population had kept intact and by local and out-of-town real-estate investors who bought up late 19th century ...
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The company's background can be traced to 1969, when airline and casino tycoon Kirk Kerkorian bought a controlling stake in the Metro-Goldwyn-Mayer (MGM) film studio. [15] In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airlines, and was forced to sell a majority of his casino company, International Leisure, to Hilton Hotels at a steep discount.