from the towers The good news continues 12 North Shore Towers Courier n May 2014 Editor’s Note: Board President Mort Gitter has decided to have others deliver a message in this space from time to time. This month, we feature board member Fred Chernow’s message, as delivered at the open board meeting on Thursday, April 24. We continue to have good news to share with you. I’m pleased to report that low inventory together with high demand pushed the average sale price of our apartments even higher than the last time I stood before you. In the first four months of 2013, 40 apartments were sold with an average sales price of $130 per share. In the first four months of this year, 34 apartments were sold at an average sales price of $167 per share. The partnership forged by your elected Board of Directors and you the residents has made this possible. We screened 11 prospective buyers this past week. Would you like to hear some of the prices your apartments brought? A studio alcove for $275,000. A one bedroom, 1 bath for $367,000. A one bedroom, 1.5 bath corner apartment for $625,000. A 2 bedroom, 2.5 bath corner apartment for $925,000. A 3 bedroom,, 3.5 bath for $1,300.000. But wait, there’s more. There are two other items I want to share with you. In recent months apartments stay on the market for a very short time. Some are listed and sold in 72 hours. Also, most of the apartments need little renovation. So… this is a good time to sell. It’s also a good time to downsize or buy. If you’re thinking of making improvements to your apartment, do so now. You will enjoy the fresh look and conveniences. When you decide to sell you will recoup your investment...or in thirty years, your heirs will. Now, let me put on my other hat. The 92 Street Y programs are thriving. Our committee members, Roma Connable, Chickie Kaufman, Marilyn Hoch and Dorothy Stracher have been invaluable in helping to select the best of what is available to us. Next month we will move downstairs to the movie theater to accommodate the returning snowbirds. Our Meet Your Neighbors DVD program is ready to present Nelson Avila and Marilyn Klein, our very own internationally acclaimed Tango Dancers. This is the same 995 program produced by Morty Schwartz and John Virga that brought you Danny Cavallo last Fall. Stay tuned. We look forward to another season of the Short Film Festival at North Shore Towers produced by Marilyn Chris and Lee Wallace. Fall dates to be announced. And finally, North Shore Towers is approaching its 40th Anniversary. A special anniversary video is in the works. If you have lived here for 25 years or longer we want to include you in the commemorative DVD. Perhaps you have an amusing or interesting story about the early days. We will film you and make you part of NST history. Please contact Shirley Wershba in Building Two through her concierge. Everyone will get to see the DVD when it is finished. Get ready for your close-up! That’s all folks. Fred Chernow SEND US YOUR LETTERS! North Shore Towers Courier 38-15 Bell Boulevard, Bayside, NY 11361 Fax: 718-224-5442 • Email: [email protected] Victoria Schneps-Yunis Joshua A. Schneps Tonia N. Cimino Jennifer Decio Victor G. Mimoni Stephen Reina, Nirmal Singh, Ron Torina, Cheryl Gallagher Publisher & E ditor Associate Publisher Editor-in-chief Art Director Contributing Editor Artists NORT H S H O R E TOWERS North Shore Towers Courier, 38-15 Bell Blvd., Bayside, NY 11361 • Tel: 718-224-5863 • Sales Fax: 718-631-3498 • Editorial Fax: 718-224-5441 • e-mail: [email protected] All letters sent to NORTH SHORE TOWERS COURIER should be brief and are subject to condensing. Writers should include a full address and home and office telephone numbers, where available, as well as affiliation, indicating special interest. Anonymous letters are not printed. Name withheld on request. ALL LETTERS TO THE EDITOR AND OP-ED’S DO NOT REFLECT THE OPINION OF THE PUBLISHER. No such ad or any part thereof may be reproduced without prior permission of NORTH SHORE TOWERS COURIER. The publishers will not be responsible for any error in advertising beyond the cost of the space occupied by the error. Errors must be reported to NORTH SHORE TOWERS COURIER within five days of publication. Ad position cannot be guaranteed unless paid prior to publication. NORTH SHORE TOWERS COURIER assumes no liability for the content or reply to any ads. The advertiser assumes all liability for the content of and all replies. The advertiser agrees to hold NORTH SHORE TOWERS COURIER and its employees harmless from all cost, expenses, liabilities, and damages resulting from or caused by the publication or recording placed by the advertiser or any reply to any such advertisement.
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