Prospective Buyers

The St. George is a full service Art Deco building in the heart of historic Brooklyn Heights. The tower rises above the landmark-protected brownstone neighborhood permanently providing unsurpassed 360 degree views from the roof deck. Private storage, a bike room and the Eastern Athletic health club are available in the building. Nearby, stroll through the Promenade and the amazing Brooklyn Bridge Park.


In the late 1970s, the original Hotel St. George was sold off in sections, with the Tower and Grill Buildings sold to developers who renovated them into one apartment building. The development was carried out under the auspices of the Urban Development Corporation (now the Empire State Development Corporation). The proposal had to include space for a health club and to conform with other guidelines of the Urban Development Corporation.

In 1984, the building was converted from rental apartments into a co-op. The number of sub-lets in our building is very small; almost all of the 277 apartments are occupied by resident shareholders.

Monthly maintenance fees pay our operating costs, including payments on the underlying mortgage, real estate taxes, staff payroll, electricity, fuel, administration, insurance, repairs, and so forth. In addition to maintenance fees, the rent payments that we receive from the health club and other commercial income also go toward paying our expenses. Our total operating budget is approximately $6 million per year. Real estate taxes, labor, and mortgage payments represent major portions of our costs.

Just as with payments on any type of residence (house, condo, co-op), the real estate tax and interest portion of the mortgage payments are tax-deductible and you can claim a portion of your maintenance fees as a deduction on your annual income tax return.

When the St. George was originally converted to a co-op, the amount borrowed was $11.5 million and the mortgage had a balloon payment plan (a typical approach for this type of real estate). The mortgage was re-financed in 1998, 2008, and again in 2023, each time as a balloon mortgage.

In addition to money that we use for the operating budget, we have a capital reserve fund. This money may come from shareholder maintenance payments, proceeds from refinancing our underlying mortgage, or from special assessments. This money is used for major capital improvements such as replacing an elevator, repairing the roof, and renovating the building façade. Being in a historic district, any renovations or changes to the exterior of our building have to comply with the guidelines of the NYC Landmarks Preservation Commission to preserve its appearance and status. Except in the case of emergencies, these major capital improvements can be foreseen several years in advance.


Admissions Process

The full admissions process is outlined in the sales package. The sales application should be reviewed in detail prior to commencing the admissions process. Below is a high-level overview of the admissions process.

  1. Complete the sales package
  2. Gather required documentation
  3. Prepare the sales package for review by the Admissions Committee and the Board of Directors
  4. Meet with Managing Agent to review sales package for accuracy & completeness
  5. Submit 9 complete sales packages (including required documentation)
  6. If the sales package is accepted by the Admissions Committee, an interview will be scheduled
  7. Interview with Admissions Committee, who will provide feedback to the Board of Directors
  8. The Board of Directors will vote at the monthly meeting
  9. The Managing Agent will notify you of the decision made by the Board of Directors

Closing/Moving in

If your application is accepted by the Board of Directors, a closing and move-in date will need to be scheduled.

Closing: Consult with your attorney and contact the Sales and Leasing team at Solstice Residential  (212-753-2329), with three tentative dates for a closing
Moving -in: Contact St. George Building Manager to schedule a move-in date


What documentation is required?

Typical documentation is listed below; please see the sales package for full details and any additional documentation that may be required.

  • Reference letters
  • Employment confirmation
  • Income tax forms
  • W2 forms
  • Bank and brokerage statements
  • Mortgage commitment (if there is bank financing)
  • Recognition agreement (if there is bank financing)
  • Various co-op forms/disclosures

What type of financing is allowed?

The St. George Tower & Grill Owners Corp. requires that sales in the building include a minimum 20% down payment.

The Board of Directors will only accept applications that contain financing at a standard fixed rate, from 10 to 30 year term.

Who must attend the admissions interview?

If an interview is recommended, all applicants and prospective residents are required to attend a personal interview with the Admissions Committee.

How often are the interviews held?

Admissions interviews are held once per month. The full schedule can be found below.

What happens to the sales application after review by the Board of Directors/Admissions Committee?

All submitted application packages (including the original), become the property of the St. George Tower and Grill Owners Corp. All information submitted to the committee is strictly confidential and will not be reproduced or kept by committee members. The original copy of the application is kept on file for the co-op’s records. All other copies are collected after the Admissions Committee meeting and subsequently destroyed.

When can I move in?

A move-out by the current owner must take place before the date of closing. Applications or contracts of sale in which the current owner is allowed to remain in the apartment or to store their belongings in the apartment after closing, even for only a few days, will not be accepted. Similarly, a move-in by the new owner can only take place after the date of closing.

Moves are strictly limited to one per day and are permitted only on Monday, Wednesday, Thursday, or Friday. Moves must start and finish between 9 AM and 5 PM, and can not happen on national holidays. This minimizes disturbances to other residents and allows the resident manager to coordinate use of the service elevator.

Who can live in my apartment at the St. George?

As described in the proprietary lease, only shareholder(s) or those listed in this application as proposed residents can live in an apartment at the St. George. Immediate family members can visit and, by prior arrangement with the shareholders, stay in the apartment temporarily, even if the shareholder(s) are away from home. However, friends, colleagues, and relatives other than immediate family members cannot stay in the apartment if the shareholder(s) are not present, even for a day or two, unless special arrangements are made and permission is granted by the board of directors. Similarly, shareholders may not sublet an apartment without permission from the board, and this can only be granted for short periods under restricted circumstances (see “Sublets” under “House Rules”). Finally, under no circumstances are shareholders permitted to have roommates, subtenants, or other long-term residents, other than immediate family members or partners, without the permission of the board.

What is required to start a renovation?

See Alterations Package in the document section.


Sales Applications

Applicants or brokers should complete their application through Domecile. Complete details about the sales and admissions process are outlined on the Domecile site. Please direct any questions on the process to

Alterations Package

The Alterations Package may be helpful for those wondering about undertaking renovations after closing. Please consult with the Managing Agent if you have any specific questions not addressed here.

House Rules (Rev. 10/2023)

House Rules concern the relationship between the co-op and its shareholders and serves as a helpful how-to guide for common building services

Shareholder Contact Information Form

Before moving in, please provide your contact information so we can set up accounts for you and keep you informed


For applicants or realtors planning to submit a sale or sublet application package: We require that you set up an appointment with the on-site building manager, so that the application can be reviewed for accuracy and completeness. Arrangements for an appointment must be made at least two business days prior to the cutoff date. More details can be found in the Sale Application package.

The calendar is set once per year following the annual Board election in April. It may be subsequently modified as necessary.

* When a deadline falls on a holiday, the material is due on Tuesday.


Month Review Deadline Application Deadline Admissions Interview Board Meeting
May 2024 April 18, 2024 April 24, 2024 Monday, May 6, 2024 May 15, 2024
June 2024 May 18, 2024 May 23, 2024 Monday, June 10, 2024 June 19, 2024
July 2024 June 13, 2024 June 19, 2024 Tuesday, July 9, 2024 July 17, 2024
August 2024 July 25, 2024 July 31, 2024 Tuesday, Aug 13, 2024 August 21, 2024
September 2024 August 22, 2024 August 28, 2024 Tuesday, Sept 10, 2024 September 18, 2024
October 2024 Sept 19, 2024 Sept 25, 2024 Monday, October 7, 2024 October 16, 2024
November 2024 October 24, 2024 October 30, 2024 Monday, Nov 11, 2024 November 20, 2024
December 2024 Nov 20, 2024 November 26, 2024 Tuesday, Dec 10, 2024 December 18, 2024
January 2025 Dec 16, 2024 December 20, 2024 Tuesday, January 7, 2025 January 15, 2025
February 2025 January 23, 2025 January 29, 2025 Tuesday, Feb 11, 2025 February 19, 2025
March 2025 February 20, 2025 February 26, 2025 Tuesday, March 11, 2025 March 19, 2025
April 2025 March 20, 2025 March 26, 2025 Tuesday, April 8, 2025 April 16, 2025

In compliance with federal, state, and city law, the St. George Tower and Grill Owners Corp. does not discriminate in its admissions policy based on age, alien status, children (or childless state), country of national origin, creed, disability, gender (including gender identity), lawful occupation, marital status, military status, partnership status, race, religion, or sexual orientation.