78-86 Thayer Street
78-86 Thayer St., Manhattan, NY
Overview
78-86 Thayer Street is a co-op conversion in Manhattan.
- Offering plan: Accepted March 1987 · 223 pages
- Prices: $2.07 million in all
- Sponsor: 86 Thayer Realty, LLC, represented by Goldberg Weprin Finkel Goldstein LLP; principals Lloyd Albin, Martin Weinstein and Theodore L. Marks
- Subway: 2-minute walk to Dyckman St (A); 6 minutes to Dyckman St (1)
- Amendments: 8, the latest in April 2026
- Subway
- 2 min walk to Dyckman St ADyckman St 1, 6 min
- Principals
- Lloyd Albin, Martin Weinstein, Theodore L. Marks
- Offering price
- $2.07 million total
- SubmittedMay 1986
- AcceptedMarch 1987
- 8 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 8 Apr 15, 2026
The OCR text is too garbled to read, so I cannot identify what this amendment changes in the plan.
Amendment 7 Feb 24, 2025
The OCR text is too garbled to identify any changes to the plan.
Amendment 6 Oct 9, 2024
The OCR text is unreadable, so no changes to the plan can be identified.
Amendment 5 Nov 10, 2011
This Fifth Amendment extends the offering for up to twelve months, updates the unsold-share disclosures (monthly maintenance and rent, sponsor obligations, financial statements, and board), and adds or confirms details on share issuance, the managing agent, and J-51 tax benefits.
- Offering extended up to and including twelve (12) months from the date this Fifth Amendment is accepted for filing; the Plan may not be used after that unless extended by amendment
- Aggregate monthly maintenance for the unsold shares is $17,165.60
- Aggregate monthly rent currently payable from tenants of units appurtenant to the unsold shares is $21,464.58
- Holder of Unsold Shares (86 Thayer Realty LLC) is designated as Sponsor and assumes sponsor obligations for the unsold shares and for maintenance and repair of building elements
- Financial statements for years ending December 31, 2008 and December 31, 2009 added, showing accumulated deficits of $974,113 (2008 year end) and $1, 169,030 (2009 year end)
- Board of Directors listed: David Israeli and Karen Perez Ben-Sorek (Sponsor appointees), Arthur R. Lepsey, and William Anton
- New shares and proprietary leases issued for all apartments under the March 2000 Board consent, available to tenant-shareholders subject to lien-free and maintenance-current conditions
- Myerson Management LLC named as managing agent; no current sales agent; J-51 benefits disclosed as never received by the building
Team
- Sponsor
- 86 Thayer Realty, LLC
- Principals
- Lloyd Albin, Martin Weinstein, Theodore L. Marks
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Zoning
- Zoning district
- R7-2
Today's zoning, from city data (PLUTO 26v2).
Nearby
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- 143-153 Bennett Avenue0.7 mi · 1988
- 95 Park Terrace East Owners, Inc.0.8 mi · 1988
- Bennett105 Condominium0.8 mi · 65 units · 2016
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