New York Projects

111 Fourth Avenue

111 Fourth Avenue

  • 1976: Purchased land & building @ $5.00 per s/f & relocated all commercial tenants
  • 1976: Obtained zoning variance permitting 180 units and two stores
  • 1976: Financed $8.5 million acquisition & construction with 100% European equity funding
  • 1977: Rented all apartments & stores
  • 1978: Converted 140,000 s/f into 180 studios and 1 B/R units & 2 stores
  • 1979: Installed Hitachi Heater/Chiller in demonstration for hitachi and Brooklyn Gas
  • 1980: Sold 100% of the units as cooperative apartments at $125/sq.ft.
  • 1984 – 1991: 7 year president & manager of 111 4th Avenue Condominium Association

Exhibits

111 4th Ave Apt D

111 4th Ave Loft

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Teitelbaum Developers | 115 Third Street South | Bradenton Beach FL 34217 | 941.778.0156

Contact David

Phone: 941.778.0156
Email: David@TeitelbaumDevelopers.com