From the Queens Chronicle:
Faced with hefty mainten- ance bills and ever- rising mortgage payments, Parkway Village residents are mulling a proposal by a Manhattan real estate firm to dissolve the historic co-op and sell it to developers.
Parkway Villagers Mull Proposal To Sell Co-op
If enough shareholders give their consent, the firm would get exclusive brokerage rights to the property. But Prudential Douglas Elliman faces a slew of hurdles, starting with convincing enough residents to actually entertain the notion of a sale.
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