Page 4 - CooperatorNews NY January 2021
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4 COOPERATORNEWS — JANUARY 2021 COOPERATORNEWS.COM Over 90 years of service to New York Cooperatives and Condominiums. Stay up to date on the latest legal developments by subscribing to our New York co-op and condo blog The Neighborhood www.nycoopandcondolaw.com William L. Brewer Hugh P. Finnegan Ezra N. Goodman 212-808-0700 I Info@norris-law.com I www.norrismclaughlin.com Michael T. Reilly Dean M. Roberts Burt Allen Solomon Our service representation of cooperatives and condominiums includes: Call us or visit our website to speak with one of our experienced attorneys • Corporate and Board of Director Governance • Complex construction and financing matters • Government compliance • Sales and transfer including, closings as Transfer Agent • Construction, professional, and service contracts and leases • Litigation in all jurisdictions, including Landlord Tenant cases Norris McLaughlin’s Cooperative and Condominium clients range from small buildings to large multi- building developments. Deanna L. Koestel Jillian P. Levitt Gerard Proefriedt Jodi A. Sokol Sharyn A. Tritto Attorney Advertisement PULSE I P EVENTS CooperatorNews Introduces FREE Webinars—a New Resource for Boards and Managers at CooperatorNews.com/events CooperatorNews, a Yale Robbins Publish- ing publication, has been a resource for the boards, managers, and residents of co-ops, condos, and HOAs for nearly two decades, both in print and online—and we are pleased to announce a new addition to our toolkit. Yale Robbins Productions has launched Co- operator Events, a new series of FREE edu- cational ‘town-hall’ style webinars, sponsored by leaders in the multifamily industry and fo- cusing on issues and challenges facing today’s boards. We have assembled expert panels on everything from legal questions around the COVID-19 pandemic to optimizing your insurance coverage to disinfecting your com- munity’s pool. Registration and attendance are FREE to all—just visit CooperatorNews. com/events, choose the webinar you’d like to attend, and sign up. It’s that simple. You’ll get an email link and reminders for the event, and will have the opportunity to submit ques- tions for the panelists before AND during the webinar itself. Past events are archived and available on-demand at CooperatorNews. com/events. Serving on your board is a big job, and a big responsibility, but sound, timely advice from industry veterans can help lighten the load and make your building or association run more smoothly. We’re committed to helping you achieve that, and look forward to ‘seeing’ you at an upcoming webinar! DEVELOPMENT New Park Revealed at Waterline Square A press release from GID Development Group announces the opening of Waterline Square Park—2.6 acres of public green space that also acts as a backyard for the residents and pets of Waterline Square, the developer’s three-building residential complex on the Hudson River waterfront on Manhattan’s Upper West Side. Landscape architecture fi rm Mathews Nielsen Landscape Architects designed this urban oasis that, according to the release, “unifi es the buildings of Waterline Square while connecting the nearby waterfront space to the surrounding community.” Complete with water features, lush plant- ings, walking paths, and an expansive play- ground, the park serves “as a much needed outdoor space for residents of the surround- ing community to relax, exercise, and enjoy nature,” per the release. Since its opening over the summer, the park has been especially resonating with families looking for outdoor recreation at a time when indoor activities and programs are limited. Th e press release notes that GID Development Group has programmed the park with a full calendar of socially distanced events for residents and those nearby, includ- ing yoga, musical performances by Grammy- nominated artists, and more. Th e developer is exploring programming for the park this winter to continue engaging the community. Waterline Square off ers a variety of resi- dential lifestyle opportunities, including condominiums, rental residences, and a comprehensive amenities package designed in collaboration with Rockwell Group. Sur- rounding the park will be a dynamic hospi- tality program open to the neighborhood, including Harry’s Table by Cipriani, Empel- lón, and Somm Cellars Wine & Spirits, says the release. Closings Underway at New Brooklyn Luxury Condo e Symon Development partners Lonicera Partners, Orange Management, and Th e Davis Com- panies recently announced that closings are underway at the 13-story boutique luxury condominium dubbed Th e Symon. Located at 76 Schermerhorn Street near Brooklyn Heights, the building has 59 one- to four- bedroom residences ranging in price from $815,000 to $3.3 million. “With its attainable pricing in one of the most desirable neighborhoods in Brooklyn, access to an abundance of outdoor space and close proximity to the waterfront, Th e Symon off ers all of the home features buyers are prioritizing in today’s market,” says Steve Rutter, Head of New Development New York at Compass Development Marketing Group, the exclusive sales and marketing team for the development. “We have seen immense interest and success over the past several months and are excited to begin welcoming residents to their new homes.” Two of Th e Symon’s three top-fl oor pent- houses went into contract already, one of which is the building’s most expensive unit, the developers’ press release notes. Th e release also states that three model residences designed by Ashlee Anthony De- sign will be available at Th e Symon for the benefi t of prospective buyers. Each has a one- of-a-kind entry foyer, oversized divided-light windows, and custom washed-oak fl ooring. Studio DB designed the building’s inte- continued on page 18