Dues

The Manhattan House Tenants' Association has decided to assess dues of $500 per apartment to defray anticipated conversion related expenses.

Conversion related expenses include professional fees for an attorney, an engineer, and accountant, and possibily a public relations specialist.

Tenants may pay the entire amount now, or pay $250 now and $250 when the red herring is filed.

Please make your checks payable to Manhattan House Tenants' Association. Kindly write your apartment number on your check and leave it in an envelope at the concierge's desk addressed to Katherine Fleming (D-1901).

Only tenants who have paid their dues will be invited to attend future tenants' meetings.

O'Connor Capital Partners Investment Philosophy

O'Connor Capital Partners Investment Philosophy ( taken from http://www.oconnorcp.com/investment_philosophy.htm )

O'Connor Capital Partners believes that successful investing in real estate requires the ability to create strong, consistent flow of quality investments; to recognize the value of an opportunity and react quickly to it in a rigorous and disciplined manner.

The key phrase here is: react quickly. That is why time is on the side of the tenants in a condo conversion.

Manhattan House is Sold

Manhattan House has been sold to a group of prominent real estate professionals. Here is a link to the full story.

http://www.nysun.com/article/22211