novo.JPG
Big news on 4th Avenue: At long last, people can move into the Novo. The DOB granted the condo a temporary certificate of occupancy on Friday, only a few days before some of the building’s buyers would have been able to walk away from their contracts. It was rumored that the development would not get a C of O until its developers finished work on the public playground behind the building. The temp certificate is only good through July 25, and there are still 23 outstanding requirements to be fulfilled before the building is completely good to go. While the playground is still not finished, in recent weeks contractors have stepped up work on the space, and it looks like it should be done within a couple months (see pic on jump). We bet there are some extremely relieved Novo buyers who spent the weekend celebrating.
343 4th Avenue C of O Documentation [DOB]
Should We Feel Sorry For Novo Contract Holders? [Brownstoner]
C-of-O Woes for the Novo? [Brownstoner]
Novo Takes a Nosedive [Brownstoner] GMAP

novo-park.JPG


What's Your Take? Leave a Comment

Leave a Reply

  1. Jealous? Hardly. There is nothing to be envious about in this case. If I wanted to buy in Novo, which I most certainly do not, I would do it now *AFTER* the price chops have been made.

1 2 3 4 5 6 8