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February 22, 2024

Waterbury apartment building sells for $4.65M after lawsuit results in $1.7M attachment

Costar 330 Bishop St., Waterbury.

An 80-unit apartment tower in Waterbury sold for $4.65 million in a sale recorded Jan. 29, just four days after a $1.7 million attachment was filed against the property due to a lawsuit.

Waterbury Omega LLC, whose principal is Moishe Schwartz, sold the seven-story, 60,956-square-foot apartment building on nearly 1 acre at 330 Bishop St., to 330 Bishop LLC. The building was completed in 1972, and sits across Pine Street from Fulton Park.

The buying LLC’s principal is Abraham Gottesman, of Monsey, New York, according to state business records.

The property last sold for $1.15 million in 2001.

Waterbury Omega recently resolved a lawsuit brought against it by Konover Development Corp.

Konover had procured two cellular telecommunications companies to lease space on the roof of 330 Bishop St. in 2005. In a lawsuit filed in 2018, Konover claimed Waterbury Omega withheld its 30% share of monthly lease revenue for a time for those two carriers. 

Konover also alleged Waterbury Omega failed to inform it of equipment installed by additional telecommunications carriers, from which Konover claims it was also entitled a share of lease revenue.

The suit resulted in a $1.7 million attachment on 330 Bishop St., in favor of Konover in the land records. The attachment was filed on Jan. 25 and was released the same day as the sale. 

On Jan. 26, Konover's attorney entered a filing in Hartford Superior Court acknowledging the court judgment has been satisfied.  

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