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‘Tis the season of TCO’s, it seems: A reader tipped us off to the fact that the Argyle, the 60-unit condo on the corner of 4th Avenue and 7th Street, got its temporary certificate of occupancy last week. Closings are slated to start this week. Corcoran’s listings page for the building shows 12 units still for sale, with prices ranging from $459,000 for a one-bedroom to $965,000 for a three-bedroom.
Argyle Listings [Corcoran]
The Argyle Unveiled [Brownstoner] GMAP


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  1. This is getting more and more concerning. Did you read this?

    Here I am at day 11. And I still don’t have keys to the main front doors, access to my parking space, window screens, appliance warranties, touch up paint. What I do have are uneven and scratched kitchen cabinets, sloppy paint and caulking work, uneven tiles and floors that look like the rolling hills of the Berkshires (okay, that’s an exaggeration, but there are elevation changes by inch in a three foot are all over the place.)

    Posted by: joe_the_bummer at June 18, 2009 1:53 PM

    Why would you close? Geez….this is making me sick just thinking about it. Can we revolt? Seriously, this is not what I am looking forward to as a new home owner

    I think I am going to be sick

  2. Schmitty,

    I will be speaking to a few attorneys to see if there is any way possible to get my money back. The new banking requirements, the fact that this is still essentially a construction zone, and we don’t even know if the tax abatement has been approved should make an interesting case. Who knows. I have a substantial amount down, but my fear is going through with this will be disastrous at this point.

  3. Thanks for providing me a link to the group. The folks there appear to be deliriously happy and things are going well swimmingly for them. I will keep watch on the group and see what comes of it. Thanks!

  4. Unfortunately, I do. Based on the at least 20% down turn in value and the ridiculous banking requirements I am at the point where throwing more money at this is INSANE. I don’t want to walk away from this I want to run with as much of my cash as possible.

    I saw that were was another person as well as you looking to get out too. I definitely want to out and get as much or all of my money back as well. Any ideas? I am all ears

  5. For those who want to see for yourselves as proof of temp COO; go to the NYC Department of Building’s web site. Their temporary COO is 302269676T001 and it expires on 7/18/09. There are 18 outstanding requirements for this building to obtain its final certificate of occupancy.

    Also, in earlier posts folks were talking about the total number of residential units in this building; the Certificate states there are 61 “dwelling” units.

    I am sharing this information for all of those who are interested and/or have deposits on this development. I am mulling over what I am going to do so I want to provide as much information for those who are mulling over next steps themselves. The only folks who seem to be talking about this are the people on this site. The posts are informative and at times disturbing (but in a good way as a wake up call to reality) and funny.

    Consider this a gift of information; you can use it or leave it. Its a gift and your choice

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