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The sales campaign to reintroduce the Stratford House as a condominium will be controlled, Mr. Boyajian said.
The condominium will be built on a 60‐acre beachfront site in Green Cay about three miles from Christiansted, in St . Croix
The condominium will be the only one on the Port Washington waterfront to come with its own moorings and slips — 22 of the former out in the water, 10 of the latter at dockside.
HOW MUCH: $549,000 PER SQUARE FOOT: $450 SETTING: This soon-to-be-built 1,218-square-foot 1,218-square-foot 1,218-square-footricondominiumite building overlooking the Sheepscot River.
Then there are those like James Maynard, president of the Asbury Park Improvement Association, whose chief concern is not the club, but how the city's new residents, wealthy enough to spend $250,000 on a condominium, will be integrated into its working-class community.
Now the two-story, 1,839-square-foot industrial-style condominium will be leased for $5,500 monthly.
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The condominiums will be in four-story buildings.
Condominiums will be selected based on such criteria as location, design and price.
In the first phase, which will get under way in 1991, 50 to 100 condominiums will be built, ranging in size from 1,200 to 3,000 square feet.
The top floors, which will house 42 condominiums, will be owned by Arun I. Bhatia, who is also the developer of the high-rise.
Condominiums will be priced in the mid-$500,000 to low-$600,000 range on average, Mr. Landino said; penthouse units will be closer to $1 million.
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