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What Does the Condo Fee Include?

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What Does the Condo Fee Include? FAQ What is the condo fee? • The condo fee is 24 cents per unit square foot. What does the condo fee include? The fee includes: • Maintenance of all interior public spaces and exterior areas such as the fitness center, elevator, theater room, rooftop deck, pet washing station, etc. • Snow removal • Trash removal • Water and sewer services • Taxes and insurance for common areas What is the pet policy? • We are a pet friendly community, but each residence is permitted to house only one dog, of gentle disposition, or two cats. What restaurants are within walking distance? Lawrenceville is very fortunate to have the following restaurants within a few blocks of each other: • The Abbey on Butler Street, Industry Public House, Cinderlands 3705, Condado Tacos, Ki Ramen, Banh Mi & Ti, Dive Bar & Grille, Pusadee’s Garden, Cattivo, Franktuary, La Gourmandine, Piccolo Forno, Senti, Round Corner Cantina, The Allegheny Wine Mixer, Arsenal Cider House and Wine Cellar, Caffe D’Amore, Espresso A Mano, Walter’s Sourthern Kitchen, Smoke BBQ Taqueria, The Vandal, Driftwood Oven, Umami, B52 Café, Morcilla, Piccolo Forno, Poulet Bleu Where is the closet grocery store? • Located just a few minutes away (by car) is a newly remodeled Shop n Save supermarket on 56th Street and a small independent market, 52nd Street Market. In addition, the Lawrenceville Farmers Market is open every Tuesday during the regular farmers market season. What are the tax incentives? • LERTA or Local Economic Revitalization Tax Act's primary mission is to improve the economic and business climate of certain residential and commercial districts. Purchasing a condo at Lawrenceville Loft provides home buyers with a unique and enticing incentive. Each year for 10 years, buyers receive a real estate tax abatement of up to $ 6,180. This tax abatement can reduce your mortgage payment by more than $500 per month. Are there other tax incentives? • Yes, real estate ownership typically provides you with income tax benefits, but we recommend that you discuss any potential benefits with your tax professional. When will the condos be ready? • We anticipate select units will be available in Summer of 2020. What’s involved in your financing process? • Please visit the Team tab and click on Mortgage Consultant for all financing related questions. Is off-street parking available? • Each unit comes with 1 parking space. The parking space is internal, secure and only accessible by homeowners. • 5th floor unit buyers have the option of purchasing one additional parking stall as an upgrade. What amenities are included? • The amenities at Lawrenceville Lofts include the following: a gym, an outdoor courtyard, a roof top deck, a roof top pet park, a pet washing facility, wine room, theater, central lobby. Select units will also include a private balcony. Will there be a place to store my bicycle? • Yes, there is an indoor bicycle storage facility. I’m very interested in purchasing a unit. What are the next steps? • Please contact our sales team to discuss next steps. .
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