The former condo-turned-hostel-turned-condo-turned-rental at ACP/7th and 118th Street apparently has converted several of its units back into condos. Streeteasy has now several new condo listings posted for the former Lotta building which is now called the Morellino at 159 West 118th Street:
LINK. This adaptive reuse building reportedly has 35 units in all but only 9 listings appear currently on the real estate website with prices ranging from $475K to $1.4 million which averages at $720 per square foot. More details and interior photos at the new
Lotta website:
www.TheMorellino.com
Gorgeous building, the location places it between the well developed FDB corridor and upcoming and architecturally stunning Lenox Ave., the best of both worlds. Hope they do well this time around.
ReplyDeleteYou won't find many of the units up for sale on the market -yet-.
ReplyDeleteThey told us that the building would be a mix of rentals and condos.
Within a few months of signing the lease, we were given the option to buy or get out.
Given the market, better options in the area and the poor management, we've opted to 'get out'.
how did they make you leave if you had a lease?
ReplyDeleteWhen the 1yr rental lease is over - we can't stay. They no longer will offer rentals.
Delete