Ascend Group

Seward Park Co-op Owners Petition Change to Bylaws that Would Allow $54M Air Rights Deal

Last modified August 24, 2018 at 9:12 pm

A sore loss, and a last-ditched effort at another shot… It’s been two months since the Seward Park Co-op collectively voted to deny the sale of its precious air rights to developer Ascend Group. Not content with the outcome of the member vote, it appears “the majority of shareholders” who voted YES are desperately trying […]

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Seward Park Co-op Votes to Deny Air Rights Deal to Developer

Last modified June 14, 2018 at 1:32 pm

Big news out of Seward Park Co-op this afternoon. The votes are counted; the housing complex on Tuesday voted to deny the $54 million sale of air rights to developer Ascend Group. According to management – Charles H. Greenthal and Co. – the referendum did not yield the required two-thirds majority to pass. (Results: 690 Yes, […]

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Why I’m Voting ‘YES’ Tomorrow on the Seward Park Air Rights Sale [OP-ED]

Posted June 11, 2018 at 5:00 am

Last week, we posted an editorial from a Seward Park Co-op owner opposed to the sale of air rights to developer Ascend Group for its two-towered vision. Herewith, an op-ed from the other perspective on the shareholders vote, which happens tomorrow, written by Seward Park shareholder and former board member Marc Albaum. Picture this. It’s a […]

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Whose Air Rights is Seward Park Selling? [OP-ED]

Posted June 5, 2018 at 9:45 am

The following editorial was written by CUNY Sociology Professor and Seward Park Co-op resident Barbara Katz Rothman. The Seward Park Co-op board votes on the controversial Bialystoker air rights sale June 12. I am an academic, a CUNY Professor, a totally wonderful, privileged life.  I work from home a lot – when I lived in […]

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Seward Park Co-op Pushes $46.5M Air Rights Sale for Two Large Condo Towers on East Broadway

Posted March 29, 2017 at 5:07 am

Get ready for more… The Seward Park Co-op might soon be accomplice to large-scale development in its backyard. Shareholders in the complex are one vote away from selling $46.5 million in air rights to developer Ascend Group for two large scale towers on East Broadway. Something big will happen here regardless of the final tally, […]

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