Group 7 Oosten Condo
Project Progress
Oosten Condo
Nov 2016
As of 2016 Q4, construction work for OOSTEN had been completed. Certificate of occupancy had been received. The project is complete.
Sep 2016
As of September 30th 2016, the construction of 4 buildings has completed. Garden and facilities are ready to use. Closing will started as soon as TCO is approved.
Jun 2016
As of June 30th 2016, the construction of four buildings is finishing up. Con Ed lines are already set up. We are expecting to receive TCO before 3rd quarter this year and begin condo closing in November.
Dec 2015
The general contractor is working on the interior construction. They expect construction completion in July 2016. The sales of the units are going on well. More than 120 units were pre-sold, with the average price of above $1,100 per square feet (among 201 condo units and 15 town houses in the building). It is expected to be delivered before the end of 2016.
Jun 2015
Four sections of the 7-story superstructure building have been topped out. The general contractor is working on the interior construction in the building. They expect substantial construction completion in September 2016.
Mar 2015
Oosten Condominium is a square shape building structure with an open courtyard in the center. Three sections of the 7-story superstructure building have been topped out while the remaining section (facing the East River) is up to 2nd floor. The remaining superstructure section would be completed in about a month. As mentioned previously, the project would be completed in 2016.
Dec 2014
In this quarter, the project has showed substantial progress. The general contractor is erecting steel beams up to the third floor. They anticipated the project would be completed in 2016.
