NYC co-op owners priced out by soaring maintenance fees

Spiraling maintenance fees at co-ops are becoming a major headache for some owners — driving some of them to cheaper pastures. Annual maintenance fees per room on the East Side rose from an average of $3,457 to $5,606 from 2001 to 2011, according to the Council of New York Cooperatives and Condominiums. On the West …

Another local storage center is sold

A Buffalo, N.Y., company has bought a 73,276-square-foot storage warehouse at 530 Manatee Ave. W. for about $4 million. Sovran Acquisition is a subsidiary of Uncle Bob’s Self Storage in Buffalo, which owns and manages more than 450 self-storage operations around the country. The seller was Manatee Avenue Storage Partnership LLP, a Sarasota company managed …

Miami Condo Hits the Market for $27 Million

Venture capitalist Fred Drasner and his wife Lora have put their 9,000-square-foot condominium in Miami on the market for $27 million. Mr. Drasner is currently chairman of Miami venture capital firm Three Seasons Capital.Composed of three separate units that were put together, the property has four bedrooms and 10 bathrooms and is on the 54th …

Wisteria Island: A tussle for a wild isle in the Florida Keys

In the middle of Key West Harbor, there’s a modern-day Gilligan’s Island just a short dinghy ride from Schooner’s Wharf. It’s 21 acres of wild green space with a rusting barbecue grill and an empty beer keg swinging from a tree. And if you thought the fictional island on the 1960s TV show harbored a …

Market Snapshot: Roberts Point on Siesta Key

When Capt. Louis Roberts and his wife, Ocean Hansen Roberts, made their home on Siesta Key (then known as “Sarasota Key”), the island was known for its mosquito swarms, snakes, wild cats and ornery wild boars. There was no bridge to the mainland, and everything had to be ferried out by boat. The Robertses left …