This week she beat the odds and won the condo conversion lottery.
And, at eye level, another sentinel, the Williamsburgh Savings Bank Building, another condo conversion.
We have One Brooklyn Bridge, a 438-unit condo conversion on the waterfront.
That foreclosure, involving a condo conversion in Naples, Fla., resulted in a write-off of $13 million.
Even so, the family stayed put right up to the point that their building began a condo conversion.
But though getting in on a condo conversion may seem like real estate nirvana, there are a few things that buyers should remember.
A year ago, Ironstate Development considered a condo conversion at 55 Melrose, a four-story rental building at Pier Village, a beachfront community in Long Branch.
The latest is 110 Livingston Street, a 17-story condo conversion with 300 units, ranging from studios to three-bedrooms, and priced from $500,000 to $2 million.
In some cases, developers are even turning older buildings back to rentals after a brief or aborted attempt at condo conversion.
Residents of the Setai, a condo conversion at 40 Broad Street in the financial district, won't be able to extend a similar invitation.
The trust was obviously eager to leave behind its arriviste beginnings, and the villa could easily have become the most upscale condo conversion in Los Angeles history.
