Letter to Buyers

Hello prospective buyers and thank you for visting my website. I’m not only the listing agent for this unit, but I’m also the owner. I purchased this condo in early 2006. I’ve seen many new owners come into the building, several of whom have taken a leading role in shaping the future of the condominium. We have a diverse community of young professionals and baby boomers, all of whom enjoy what Center Square has to offer.

We are a self-managed condominium, the volunteer board is responsible for running the building operations. Our board is made up of five elected members, each of whom serve two-year terms. I’ve managed to serve two tours on the board, and I’m currently serving the second year of my second term as a board member.

Our building has one of the strongest financial positions of any other condominium in downtown Albany. The building current runs over a $200,000 annual budget with a $100,000 plus reserve account for future capital improvements.

We have repointed the facade and repaired the parapet wall along both State and Lark Streets. Recently, we installed brand new custom energy-efficient windows and doors throughout the building. This multi-year project not only improved the quality of life and value of every unit, it has also reduced our annual energy consumption by over 25% saving thousands of dollars.

Condo living isn’t for everyone, but it has many advantages. Feel free to email or call if you have any questions.

Finally, if you’re looking at the three State Street condos in Center Square, here is how the HOA fees stack up. Keep in mind 352 State and 399 State both recently installed new energy efficient windows, 355 State has not. In addition 352 State has already undertaken the costly work to repair the facade and parapet wall, 355 State has not.

Property Address HOA/sqft  Utilities Included
352 State Street $0.44 Heat, hot water, cooking gas, maintenance, water, sewer, garbage, snow removal
355 State Street $0.26 Heat, hot water, maintenance, water, sewer, garbage, snow removal
399 State Street $0.52 Heat, hot water, maintenance, water, sewer, garbage, snow removal