Tuesday, June 5, 2007

Q & A

If you have any questions regarding Downtown Brooklyn or Belltel Lofts, don't hesitate to ask.


Anonymous said...

Hi I recently purchased a condo at BellTel, but I feel I've been getting the complete run around in terms of the projected closing date. Nobody on the staff seems to give a clear answer. Now that they're converting floors 2 & 3 to residential units my concern is the delay will be pushed out even further. This is entirely frustrating especially since people in some other surronding buildings (eg. 110 Livingston, Lookout Hill Condos, Forte) are starting to move in.

Does anybody have an update on timing or has your experience been similar to mine?

guyfromdobro said...

I'm sorry that you feel that your getting the run around. The truth of the matter is that they can only give you an estimate on the closing date based on when the TCO comes in. I don't think that converions of floor 2 and 3 have anything to do with it.

Also, I'm not sure what the relavance of other people moving into other buildings has to do with it. Everyone has their own timeline based on construction and DOB filings. I know this is frustrating but it is to be expected with renovation projects.

Engine Joe said...

I understand how 11:52 feels, to be honest. I was there today at lunchtime and felt that the responses I was getting were pretty arbitrary. But I do agree that these things take as much time as they take.

It's better that we're delayed a little longer now to make sure the TCO is solid than to get one now and have it revoked after we've moved in - that has been known to happen (and it's happened in Brooklyn recently). So patience is definitely best.

Moreover, buyers are allowed to rescind their agreements without losing their deposits come September 1. You can bet they're working hard to get the TCO by then because they don't want to potentially lose buyers.