Significant Renovations to be Made; Will be Rebranded as The Grandeur
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Imperial Apartments "front" building, 825 S. Grand. FTM file. |
At the June 1st council meeting, Fort Thomas residents on Grand Avenue and Crescent Avenue, asked the city for help to deter perceived bad behavior that was coming from the two apartment buildings known as Imperial Apartments at 825 and 831 S. Grand Avenue.
Many residents spoke at that meeting and had noted they had reached a boiling point. Paul Menetrey, who lives on Crescent Avenue, was the first to speak at that June 1 meeting.
"I’ve lived on Crescent for 36 years and it's gotten out of hand. A lot of noise, a lot of cursing. It’s an ongoing problem," he said.
As they left, the residents held out hope that the pending sale of the Imperial Apartments would signal a chance to reboot and renew relations with a new landlord and tenants.
"If there is in deed an ownership change, we may be able to set up a forum with the new owner, residents and the police department to move forward in a positive way," said Police Chief, Mike Daly at the June 1 meeting.
Councilman Ken Bowman agreed during the meeting. "
Hopefully the new owner will take a different approach, so it’s not just a paycheck to them month after month and they can take an interest in the community and neighbors," he said.
On June 30th,
the same day a foot chase that started at Southside Deli Mart and ended at the back of Imperial Apartments, the apartments sold and were under new ownership.
Courtyard Properties, a Cincinnati-based property management firm, bought the apartments for $720,000. They were originally listed for $784,000 and were owned by Kramer Apartments, LLC based out of Alexandria.
Now that the ownership has indeed changed, it looks as though the neighbors and the City's desire will be coming to fruition. The deed was filed last week.
Courtyard Properties also owns several apartments and condos in Fort Thomas including 126-132 S. Fort Thomas Avenue, 830-840 Alexandria Pike and 645 Highland Avenue. With the purchase of 825-831 S. Grand, they now own 100 units in the city. The Courtyard Properties management team is comprised of Chad Fiedler and some family members.
"We have improved other properties in Fort Thomas. People are dying to live there, so it's not difficult to rent high value units there," said Fiedler.
"We plan on making this property very nice and up to par with the rest of the city."