Holder of Unsold Shares

    So in 2004, I was fortunate enough to buy 220 apartments here in Le Havre On the Water, and 36 apartments in Cryder Point, with some investors. And since that time, we’ve had this office. So we’ve been on site. We have about 2000 co-ops amongst us in three different complexes.

    I was the holder of unsold shares during all that time. What that means is, I bought all the units that were never bought by individual purchasers, that have tenants. That’s why it’s called unsold shares. And I was the holder of unsold shares.

    Whenever we got an apartment back, we renovated it and then we sold it. Shares of New York, who’s on-site, did all of the sales. Again, since back to 2004, we’ve sold 700/800 apartments since that time. I sat on the board for about 10 years. Have deep relationships within the entire co-op. I’ve been in practically every apartment that’s here.

    So, we have a ton of experience, we have ton of relationships here. If you’re looking to buy a co-op in Beechhurst, within Whitestone, Cryder Point, Cryder House, and Le Havre, give us a call, our office is right here. We’re on-site, open seven days a week from 10-6.

    My name is Bobby Gellert, our number is 718-747-0700. The sponsored apartments have no board approval which is a very, very important marketing tool. A lot of people don’t like to provide their information. We do look at DTI, which the co-op finds to be very, very important. So we do follow DTI. But in terms of going through a board process and board approval, you don’t have to go through that process.

    We’d love to see you soon. Give us a call, stop by. We’d love to help you.

    Trackback from your site.

    Leave a Reply

    About our blog

    Our agents write often to give you the latest insights on owning a home or property in the local area.