The project, called ArtLOFT, was as its name suggests designed specifically for artists; its 27 work-live condominium units in five buildings were sold at below market prices.
Shortly before that, developers spent $15 million to convert a former five-story Bloomingdale's to 72 market-rate work-live condominium lofts.
In the business district last year, a limited partnership of developers, known as 554-560 MAssociates Associnvestednvested close to $15 million to convert the five-story former Bloomingdale's to 72 market-rate work-live condominium lofts.
Many of the newcomers live in condominium town houses with names like Jade Mountain, Campagna and Rachel Gardens.
Betsy Atkins, a volunteer who founded the guild in 1989, said she was amazed by the number of men who wanted to help out -- men who used to own houses with gardens but now live in condominium complexes without them.
Increasingly, middle-class urban Thai have chosen to live in condominiums while they save money to purchase single-family homes in the suburbs.
They're also members of a large and tight-knit family, attended prep school together as teenagers and now live in condominiums in a converted Jersey City warehouse that was their first project as a team.
Davenport Lofts, completed last year, has 72 live-work condominiums, which many residents are using as home offices, he said.
Several weeks ago, construction began on 20 live-work condominiums and 5 live-work loft rentals to be ready by next summer, according to Tom McGrath, senior vice president of the Manhattan-based developer CPC Resources.
I live in a condominium in the suburbs.
Private Use of a Public Area Q I live in a condominium.
