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Several garden apartment complexes have been converted to co-op or condominium ownership.
In the United States condominium ownership appeared in the latter half of the 19th century and has been popular in crowded urban areas.
Mr. Brucker said that the basic procedures for converting a building to condominium ownership are the same regardless of whether there are rent-stabilized tenants in the building.
Rent-Controlled Tenant in a Condo Conversion Q What are the rights of a rent-controlled tenant who will not be buying in a building being converted to condominium ownership?
A -- "Though it may sound odd, residential buildings on land leased from the city can convert to condominium ownership under certain circumstances," said Andrew P. Brucker, a Manhattan co-op and condominium lawyer.
CONDO hotels -- developments that, as the name suggests, provide condominium ownership in a hotel-like setting -- have for years been popular in vacation spots like Aspen, Miami and some upscale resort towns in Mexico.
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Only now is the condominium's ownership doing the cleaning, facade repair and repointing that other West Side condos and co-ops pursued in the 1980's and 1990's.
In ancient times condominium meant common ownership by two or more persons of undivided fractional shares in the same property.
A handful of Manhattan office buildings have used the condominium form of ownership, with owners having title to specific floors or sections of the building.
AS it happened, this condominium's rules restricted ownership to just two people.
A condominium denotes the individual ownership of one dwelling unit in an apartment house or other multidwelling building.
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