Real Estate Weekly, December 4th, 2002
One of the factors that make New York City's real estate market unlike any other is the presence of retail condominiums, the store portions of certain condo and co-op buildings.
Some years ago, W&M Properties began selectively acquiring retail condos.
As strong believers in the future of urban retailing, we're interested in adding to that portfolio, not only in Manhattan but in the outer boroughs and elsewhere in the metropolitan area. Our criteria are very specific, however: in retail, we're looking only at 24-hour high-density residential neighborhoods with high-volume pedestrian traffic...
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