Condominium in the context of Resort area


Condominium in the context of Resort area

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⭐ Core Definition: Condominium

A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.

These individual units are surrounded by common areas that are jointly owned and managed by the owners of the units. The term can be applied to the building or complex itself, and is sometimes applied to individual units. The term "condominium" is mostly used in the US and Canada, but similar arrangements are used in many other countries under different names.

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Condominium in the context of Resort

A resort (North American English) is a self-contained commercial establishment that aims to provide most of a vacationer's needs. This includes food, drink, accommodation, sports, entertainment and shopping, on the premises. A hotel is frequently a central feature of a resort and the term resort may be used for a hotel that provides an array of entertainment and recreational activities.

Some resorts are also condominium complexes that offer timeshares or fractional ownership, in addition to wholly owned condominiums. A resort is not always a commercial establishment operated by a single company, but in the late 20th century, that sort of facility became more common.

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Condominium in the context of Crown Building (Manhattan)

The Crown Building (formerly the Heckscher Building and Genesco Building) is a 25-story, 416-foot-tall (127 m) building at 730 Fifth Avenue, on the southwest corner of Fifth Avenue and 57th Street, in the Midtown Manhattan neighborhood of New York City. Constructed between 1920 and 1922 for the philanthropist August Heckscher, the structure was designed by Warren and Wetmore as an office building. The lower levels contain retail space, while the upper levels became the luxury Aman New York hotel and residences in 2022. The structure has been a New York City designated landmark since 2024.

The building's stepped setback design was regulated by the 1916 Zoning Resolution. Its exterior includes French Renaissance details and is divided into a nine-story base, a twelve-story shaft, and a four-story octagonal pyramidal roof. The facade is largely made of limestone, with brick and terracotta detailing, along with 1,363 ounces (38,600 g) of gold leaf. The lower stories include retail stores, while the upper stories originally contained offices before they were redesigned by Jean-Michel Gathy in the 2020s. The upper stories are split up into 22 condominium residences, 83 hotel rooms, and amenity spaces such as a spa and three restaurants. Over the years, the building has received commentary for its general shape and for the design of its roof.

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Condominium in the context of Manhattan Valley

Manhattan Valley is a neighborhood in the northern part of the Upper West Side of Manhattan in New York City. It is bounded by West 110th Street to the north, Central Park West to the east, West 96th Street to the south, and Broadway to the west.

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Condominium in the context of Flatiron Building

The Flatiron Building, originally the Fuller Building, is a 22-story, 285-foot-tall (86.9 m) steel-framed triangular building at 175 Fifth Avenue in the Flatiron District neighborhood of Manhattan in New York City. Designed by Daniel Burnham and Frederick P. Dinkelberg, and sometimes called, in its early days, "Burnham's Folly", it was opened in 1902. The building sits on a triangular block formed by Fifth Avenue, Broadway, and East 22nd Street—where the building's 87-foot (27 m) back end is located—with East 23rd Street grazing the triangle's northern (uptown) peak. The name "Flatiron" derives from its triangular shape, which recalls that of a cast-iron clothes iron.

The Flatiron Building was developed as the headquarters of construction firm Fuller Company, which acquired the site from the Newhouse family in May 1901. Construction proceeded rapidly, and the building opened on October 1, 1902. Though the building was originally 20 floors, a "cowcatcher" retail space (a low attached building so called for its resemblance to the device on rail locomotives) and penthouse were added shortly after the building's opening. The Fuller Company sold the building in 1925 to an investment syndicate. The Equitable Life Assurance Society took over the building after a foreclosure auction in 1933 and sold it to another syndicate in 1945. Helmsley-Spear managed the building for much of the late 20th century, renovating it several times. The Newmark Group started managing the building in 1997. Ownership was divided among several companies, which started renovating the building again in 2019. Jacob Garlick agreed to acquire the Flatiron Building at an auction in early 2023, but failed to pay the required deposit, and three of the four existing ownership groups took over the building. In October 2023, the building's owners announced that it would be converted to residential condominiums; the project is planned to be complete by 2026.

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Condominium in the context of 432 Park Avenue

432 Park Avenue is a residential skyscraper at 57th Street and Park Avenue in the Midtown Manhattan neighborhood of New York City, New York, U.S. The 1,396-foot-tall (425.5 m) tower was developed by CIM Group and Harry B. Macklowe and designed by Rafael Viñoly. A part of Billionaires' Row, 432 Park Avenue has some of the most expensive residences in the city, with the median unit selling from 10.5 to 90 million dollars. At the time of its completion in 2015, 432 Park Avenue was the third-tallest building in the United States and the tallest residential building in the world. As of 2025, it is the sixth-tallest building in the United States, the fifth-tallest building in New York City, and the third-tallest residential building in the world.

432 Park Avenue has 84 numbered stories and a mezzanine above ground. The tower's exterior is a lattice of poured-in-place concrete made with white Portland cement. The tower is segmented into 12-story blocks separated by open double-story mechanical spaces that allow wind gusts to pass through the building. It features 125 condominiums and amenities such as a private restaurant for residents. The skyscraper has received mixed reviews from both professionals and the public, with commentary about both its slenderness and its symbolism as a residence for the ultra-wealthy.

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Condominium in the context of Owner-occupier

Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. The home can be a house, such as a single-family house, an apartment, condominium, or a housing cooperative. In addition to providing housing, owner-occupancy also functions as a real estate investment.

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Condominium in the context of Commonhold

Commonhold is a system of property ownership in England and Wales. It involves the indefinite freehold tenure of part of a multi-occupancy building (typically a flat) with shared ownership of and responsibility for common areas and services. It has features similar to the strata title system in Australia, and condominium systems in the United States. Following a consultation by the Law Commission, it was introduced by the Commonhold and Leasehold Reform Act 2002 as an alternative to leasehold, and was the first new type of legal estate to be introduced in English law since 1925.

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Condominium in the context of Lobby (room)

A lobby is a room in a building used for entry from the outside, sometimes referred to as a foyer, entryway, reception area or entrance hall. It is often a large room or complex of rooms (in a theatre, opera house, concert hall, showroom, cinema, etc.) adjacent to the auditorium. It may be a repose area for spectators, especially used before performance and during intermissions, but also as a place of celebrations or festivities after performance. In other buildings, such as office buildings or condominiums, lobbies can function as gathering spaces between the entrance and elevators to other floors.

Since the mid-1980s, there has been a growing trend to think of lobbies as more than just ways to get from the door to the elevator but instead as social spaces and places of commerce. Some research has even been done to develop scales to measure lobby atmosphere to improve hotel lobby design. Many office buildings, condominiums, hotels and skyscrapers go to great lengths to decorate their lobbies to create the right impression and convey an image.

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Condominium in the context of Prospect Heights, Brooklyn

Prospect Heights is a neighborhood in the northwest of the New York City borough of Brooklyn. The traditional boundaries are Flatbush Avenue to the west, Atlantic Avenue to the north, Eastern Parkway – beginning at Grand Army Plaza – to the south, and Washington Avenue to the east. In the northern section of Prospect Heights are the Vanderbilt Rail Yards, built over as part of the Pacific Park (formerly Atlantic Yards) project. The Barclays Center, home to the NBA's Brooklyn Nets basketball team, is located in the northwestern corner of the neighborhood in Pacific Park at Flatbush and Atlantic Avenues.

Compared to other Brooklyn neighborhoods, Prospect Heights is relatively small and is notable for its cultural diversity and tree-lined streets. Prospect Heights has seen rapid demographic changes over the 2000s, and its shifts are exemplified by a mixture of older buildings under reconstruction, rows of classic 1890s brownstones, and newly built luxury condominiums. The neighborhood is served by the New York City Police Department's 77th and 78th precincts.

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Condominium in the context of Waldorf Astoria New York

The Waldorf Astoria New York is a luxury hotel and condominium residence in the Midtown Manhattan neighborhood of New York City, New York. The structure, at 301 Park Avenue between 49th and 50th Streets, is a 47-story, 625 ft (191 m) Art Deco landmark designed by architects Schultze and Weaver and completed in 1931. The building was the world's tallest hotel until 1957, when it was surpassed by Moscow's Hotel Ukraina. An icon of glamor and luxury, the Waldorf Astoria is one of the world's most prestigious and best-known hotels. Both the exterior and the interior of the Waldorf Astoria are designated by the New York City Landmarks Preservation Commission as official landmarks.

The original Waldorf-Astoria, built in two stages in the 1890s, was demolished in 1929 to make way for the construction of the Empire State Building. Conrad Hilton acquired management rights to the hotel in October 1949, and the Hilton Hotels Corporation bought the hotel outright in 1972. It underwent a $150 million renovation by Lee Jablin in the 1980s and early 1990s. In 2009, the Waldorf Astoria and Towers had 1,416 rooms; the most expensive room, the Presidential Suite, was designed with Georgian-style furniture to emulate that of the White House.

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Condominium in the context of Wilshire Regent

34°03′51″N 118°25′58″W / 34.064115°N 118.432811°W / 34.064115; -118.432811The Wilshire Regent is a 23-storey, 92.47 m (303.4 ft) full service condominium skyscraper in the Wilshire Corridor section of Westwood, Los Angeles, California and the 103rd tallest building in Los Angeles.

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Condominium in the context of Plaza on DeWitt

The Plaza on DeWitt is a 407 unit condominium property at 260 E. Chestnut Street in the Streeterville neighborhood of Chicago.

It was the first building in the world to implement the tubular construction, later used for the World Trade Center. Originally called the DeWitt-Chestnut Apartment Building, it was designed by Bangladeshi-American engineer Fazlur Rahman Khan while he was working for Skidmore, Owings & Merrill. It was completed in 1966 as a residential apartment building, and was converted to condominiums in 1975. The 43-story tower accommodates 407 residences and is clad in travertine marble. On the ground floor, French bistro Le Petit Paris serves traditional French cuisine.

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Condominium in the context of Penthouse apartment

A penthouse is an apartment or housing unit traditionally on the highest floor of an apartment building, condominium, hotel, or tower. Penthouses are typically differentiated from other apartments by luxury features. The term 'penthouse' originally referred, and sometimes still does refer, to a separate smaller 'house' that was constructed on the roof of an apartment building. Architecturally it refers specifically to a structure on the roof of a building that is set back from its outer walls. These structures do not have to occupy the entire roof deck. Recently, luxury high rise apartment buildings have begun to designate multiple units on the entire top residential floor or multiple higher residential floors including the top floor as penthouse apartments, and outfit them to include ultra-luxury fixtures, finishes, and designs which are different from all other residential floors of the building. These penthouse apartments are not typically set back from the building's outer walls, but are instead flush with the rest of the building and simply differ in size, luxury, and consequently price. High-rise buildings can also have structures known as mechanical penthouses that enclose machinery or equipment such as the drum mechanisms for an elevator.

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Condominium in the context of One Madison

One Madison is a luxury residential condominium tower located on 23rd Street between Broadway and Park Avenue South, at the southern end of Madison Avenue, across from Madison Square Park in the Flatiron District of Manhattan, New York City. The building's official address and main lobby entrance is at 23 East 22nd Street, rather than at 1 Madison Avenue; there is no public entrance on 23rd Street.

The building as constructed has 51 residential units across 60 stories. Construction started in 2006, and it topped out during 2010, but it remained incomplete for another three years due to financial difficulties. At a height of 621 feet (189.3 m), One Madison is one of the slenderest buildings in the world, with a height-to-width ratio of 12:1.

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