Garment Street Condos | 25 & 6 fl | U/C

[nms]

If I had to guess, the developer committed to making a contribution to public space elsewhere in the City in exchange for a zoning variance. Rather than simply bundle the fee into the original condo sale price, they made it a separate line item. It's possible that they didn't know what that final amount was going to be during the pre-sale period and but still wanted each owner make a contribution to the public space contribution.

I am also assuming that this fee is not simply a Common Element Fee by another name.