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Daily News from New York, New York • 129

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
129
Extracted Article Text (OCR)

Daily News, Thursday, June 23, 1983 in aaaaaiaaaaaiIaaaiaiaaaIlaai W- dfti s. s. r- js- 3F- i 4 4 limitrfirff a r- PflfflJlflllf lrrw'i wHfw need city approval? ers for $158,000 to $178,000. The two buildings contain 1,118 residential units. So far, according to Stein's office, 70 of the units have been converted into condominiums, and 50 of those were sold to tenants already living in the buildings.

Re Kips Bay Towers: Did conversion dominiums in December 1981 under a noneviction plan which protects rental tenants not wishing to convert. At that time, a two-bedroom apartment sold to original tenants for $95,000 to $106,000 and to outsid cently, in a similar case, Abrams told real estate mogul Harry Helmsley that he could not file plans to convert Park West Village into a condominium without first getting approval of the Planning Commission and Board of Estimate. By JOYCE WHITE lOROUGH President Andrew Stein has asked Attorney General Robert Abrams to halt the sale of any more apartment units in the Kips Bay Towers, which were converted from rental to con-dominum in December 1981 without the approval of the Planning Commission and the Board of Estimate. The buildings, at 330 and 333 E. 33d between First and Second were completed in 1954 under the federally sponsored Title I project, which provides for low and moderate-income housing.

According to Stein, who made his appeal yesterday in a letter to Abrams, a clause in the Title I program stipulates that any change in the status of a building during its first 40 years of existence requires the approval of the Planning Commission and the Board of Estimate. "What all this means," a spokesman for Stein said yesterday, "is that a cloud appears to be hanging over the title to the property purchased by tenants at the Kips Bay apartments. "We are not asking that these sales be rescinded. The borough president wants the attorney general to halt the sales to see what sanctions should be placed on the sponsors of the condo conversion." The two 21-story residential buildings were converted to con- A timely TOURNEAU, the Madison Ave. jewelry store, a collection of watches accepted by Mrs.

Harmon L. Remmel for Memorial Sloan-Kettering Cancer Center symbolized a good fund-raising idea whose time has definitely come. The 235 clocks, wrist pieces and pendants ranging from a $200, 18th-century watch to a very modern Patek Philippe were donated by people from the tristate area during Tourneau's tax-deductible watch hunt, which started in March. The Tourneau staff, headed by managing director Robert Wexler, appraised each watch free of charge, allowing the donor to write off the estimated cost as a tax deduction. Remmel, accepting the watches yesterday "We are delighted.

We plan to sell watches in out thriftgift shops or use some of the more important pieces for auction." Kathy Larkln 1 1 OAN FARREU. OMLT NEWb Robert Wexler presents watches to (L to Mrs. John Drexel 3d, Mrs. Harmon Remmel and Fern Taner Denney..

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Pages Available:
18,846,294
Years Available:
1919-2024