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Boulevard Apartments, Inc. *

103-26 And 103-30 68th Avenue, Queens, NY 11375

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Overview

Boulevard Apartments, Inc. * is a co-op conversion in Queens.

  • Offering plan: Accepted March 1985 · 228 pages
  • Finishes: Hardwood floors and laminate kitchen countertops
  • Prices: $3.44 million in all ($6 million when first offered)
  • Sponsor: Forest Bay Associates LLC, represented by Gallet Dreyer & Berkey, LLP; principals Peter Mesos and Leonard Langas
  • Subway: 2-minute walk to 67 Av (M, R); 9 minutes to Forest Hills-71 Av (E, F, M, R)
  • Amendments: 40, the latest in December 2020
  1. SubmittedJune 1984
  2. AcceptedMarch 1985
  3. 40 amendments

First-Year Budget

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Property Taxes

The city's tax bill for this co-op building, and any tax breaks.

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Amendments

Amendment 40 Dec 24, 2020

The amendment sets a maximum price of $1,100 per share for the 7 unsold apartments (3,125 shares), raises maintenance from $2.23 to $2.27 per share per month effective February 1, 2020, reports an ongoing elevator modernization expected to cost $317,510.00, and extends the period for using the plan by one year from the date the amendment is accepted for filing.

  • Maximum price for all unsold apartments set at $1,100 per share, negotiable (7 units, 3,125 shares)
  • Maintenance increased from $2.23 to $2.27 per share per month, effective February 1, 2020
  • Elevator modernization by Genco Elevator, expected to cost $317,510.00, still ongoing and paid from the reserve fund
  • Plan may be used for one (1) year from the date the amendment is duly accepted for filing
  • Financial obligation chart as of September 10, 2020: net monthly loss on unsold apartments of ($1,071.14) after SCRIE reimbursement
  • Board of Directors membership listed; Holder of Unsold Shares does not control the board
  • 2019 financial statement and 2020 budget attached as Exhibit D
What the amendment changed, line by lineSee it free →

Team

Sponsor
Forest Bay Associates LLC
Principals
Peter Mesos, Leonard Langas

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Zoning

Zoning district
R7-1

Today's zoning, from city data (PLUTO 26v2).

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