by Ernest Joseph, published Jan. 22, 2009
Richard M. Dericks and Kay D. Dericks sold condo Unit # 2905 at 150 W. 56th St. in Clinton/Hells's Kitchen to 150 W. 56th Street, Llc, for $870,000 on Dec. 22.
The Derricks acquired the condo for $879,000 in July 2005. The 70-story development was built in 1987. It has 339 units.
Mr. Derricks serves as the president of Dericks Leasing & Financial Co., a financial services company based in Tulsa, Okla. Dericks Leasing & Financial Co., provides equipment and real estate leases and loans, financing and related services. The company's financing experience has enabled funding different types of companies.
There were 651 condo sales in Clinton/Hell's Kitchen in 2008, with a median price of $835,000.
Address:
150 W. 56th Street, Unit: 2905
Buyer(s):
150 W 56th Street Llc
Seller(s):
Richard M Dericks and Kay D Dericks
Sale date:
Dec. 22, 2008
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