Author: Michael Roché

SBT – Frequently Asked Questions

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Q.  What is SBT’s Sublet Policy? A.  New shareholders are prohibited from subleasing their units for the first two (2) years of their ownership. As per Southbridge Towers proprietary lease section 5.2, after the two (2) year period…

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SBT – Year-End Sales Reports

Southbridge Towers 2015 – YEAR-END SALES REPORTTotal # of Closed Sales in 2015 = (6) Size Sales Volume Average 0-BR 0 $0.00 $0.00 1-BR 4 $3,109,000.00 $704,250.00 2-BR 2 $1,599,000.00 $799,500.00 3-BR 0 $0.00 $0.00 Total 6 $4,708,000…

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SBT – Length x Width

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Length x Width – “Licensed Real Estate Broker” Founded by Michael Roché in 2004, Lengh x Width (formerly known as “Area New York”) is a full-service brokerage firm, specializing in residential coop and condo sales (representing both buyers…

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SBT – Complex Map

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  Michael A. Roché Length x Width Broker of Record   Office: (212) 227-8281  |  Mobile: (917) 392-3534 Email: michael@lengthxwidth.com   CALL | TEXT | EMAIL   www.lengthxwidth.com  

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SBT – Coop Rules & Regulations

Tenant-Shareholder Rules & Regulations In addition to the legal items found in the Tenant-shareholder’s proprietary lease, SBT has included a list of Rules & Regulations that govern basic interactions between Tenant-shareholder’s, communal spaces (hallways, stairwells, courtyards, playgrounds, laundry…

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SBT – Sales Package

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Coop Board – Sales Package Checklist Please read the Sales Package fully and include all requested documents. Documents Required: Two (2) fully completed Sales Packages (one original and one copy) including all requested attachments. Documents should be compiled…

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SBT – General Info

  About SBT Southbridge Towers was built in 1971 and is located in the heart of Lower Manhattan next to the South Street Seaport, City Hall, Chinatown, Pace University and The Financial District. Southbridge Towers features various size…

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SBT – Closing Costs (Seller)

SBT – Estimated Seller Closing Costs Please contact me anytime for more information regarding the SBT Closing process and costs associated with the sale of your SBT Cooperative. Please see below for an example of Closing Cost deductions….

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SBT – Ownership by Trusts

SBT – COOPERATIVE OWNERSHIP BY FAMILY TRUST Per Southbridge Towers Management: It is my understanding that a retainer of $2,500 is required when a trust is submitted to counsel. Our attorney does not act as the shareholders attorney….

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SBT – Seller’s Checklist

The Southbridge Towers Selling Process A step-by-step checklist to selling your apartment. What to expect when you decide to sell your SBT apartment. SELLER’S CHECKLIST – ›  Interview Real Estate Agents Meet with and interview several real estate…

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