Categories: Condo & HOA Articles

The Quiet Rise of the Much-Maligned Condo

Junius Henri Browne bought one of the original flats in the Rembrandt, an eight-unit apartment building on West 57th Street in Manhattan that opened, in 1881, marking what we’d think of today as the country’s very first condo. The apartments cost about $16,250 (or some $2.4 million now). Browne, a well-known Civil War correspondent at the time, was pragmatic in his motivation. Read More……

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