July 17, 1996
Profile of the Week: NELSON MANAGEMENT GROUP, LTD. The Chatsworth Regains Premier Status
Just a year ago, The Chatsworth was infamous in the annals of New York City residential real estate. An architectural and stylistic landmark, The Chatsworth had been the subject of a major rent strike, hundreds of housing code violations, three different property managers in 10 years, and more legal battles than just about any other rental property in the City. The Chatsworth, located at 346 West 72nd Street, was also teetering on the edge of financial disarray, with monthly expenses out pacing rent collections.
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