The Real.Est List
- by Sharon Krum | 4/18/13 - 2:29 PM
WHO: Sorry, Los Angeles-- New York’s own Jimmy Fallon is not only taking over "The Tonight Show" next year, he is bringing it back here.
WHERE: The host of “Late Night with Jimmy Fallon” lives in Gramercy Park, where the median sales price is $824k and the median rental is $3,500, according to StreetEasy.
Your Celebrity Neighbor is a weekly heads-up on the A-listers who call your neighborhood home and (in theory) shop the same Duane Reade as you.
- New on The Real.Est.Listby The List | 4/18/13 - 12:29 PM
New Yorkers are busy people--so busy in fact, that they don’t always have the time to conduct extensive Web searches when they need to locate a product or service.
Fortunately, BrickUnderground's expansive resource directory, The Real.Est. List, features several hundred local businesses that can help city-dwellers fix/buy/sell/find whatever they need.
This week, The List welcomes two new featured members:
techlineStudio (212-674-1813, http://techlinestudio.com/) New Yorkers are notoriously short on space—so much so that some folks even have trouble finding room for a bed in their purported bedrooms. techlineStudio can help.
For 25 years, the store has been providing Murphy beds and wall beds, as well as modular furniture and cabinets to help space-challenged urban dwellers maximize every inch of available room. The modular units can be stacked as high or as wide as needed to make full use of limited space.
- Confessions of a Neighborhood Bloggerby Julie Inzanti | 4/18/13 - 10:24 AMDumboNYC is a hyper-local neighborhood blog founded in 2006 by Hide, a resident of Dumbo Brooklyn, for people to find information about Dumbo...he blogs about everything from the history of the artsy neighborhood to news and updates about entrepreneurs and businesses in the area.
.To support the local businesses and residents of Dumbo, Hide reinvests all ad revenue back into the community.DumboNYC is a labor of love for Hide. While he maintains a full-time job elsewhere, he tries to keep the community regularly informed. He says the site currently receives 50,000+ unique visitors per month.1. What would you tell someone moving in?Like most NYC neighborhoods, the constant is change in Dumbo. Industrialist Robert Gair settled in the area in the 1880s to build up an empire of factories, warehouses, and dock storehouses.
- StreetNoiseby Sara Alessi | 4/18/13 - 9:05 AM
- Can't swing an all-cash offer? "Appraisal protection" may be all you need (NY1)
- ...or you could waive your mortgage contingency altogether--if you're feeling lucky (The Real Deal)
- Renting a room in Manhattan & Brooklyn got a lot more expensive this year, outpacing rental market as a whole (Spareroom.com)
- Doorman and porters in some new buildings say they're being stiffed (The Real Deal)
- The market is hot, but are we in a new real estate bubble? Not exactly--at least, not 2006-style (New York Magazine)
- See if you make as much money as the rest of the people at your subway stop (The New Yorker)
- Garbage trucks are NYC's No. 1 enemy of the peace; "banging/pounding" is third (The Atlantic Cities via CurbedNY)
- Yes, sellers, you must clean out your closets before showing your apartment (NY Times)
- Looking for a deal on a small apartment? Try Long Island City (The Real Deal)
- by Julie Inzanti | 4/17/13 - 4:23 PM
Wondering where to rent this summer? Depending on your pricepoint, you may want to trade in the Hamptons house for this rather amazing Cobble Hill, Brooklyn, carriage house....
The $15K per month three-bedroom carriage house at 36 Strong Place is available starting June 1 for three to five months. It features rustic wood ceiling beams, sliding windowed barn doors, a private driveway, a chef's kitchen, and bluestone patio with private dining area and BBQ--enabling you to skip the three hour drive to the beach and have all the steamy cookouts you want any (or every) night of the week.
Real Estate Want is a weekly column featuring New York City apartment details we're coveting right now.
- by Jamie Lauren Sutton | 4/17/13 - 2:49 PMDear Ms. Demeanor,My communal roof turns into a beer pong party every Friday and Saturday night when the weather warms up. How can I ask my neighbors to cool it without seeming like an old fogey?Sincerly,Fairly fogey-ishDear Fogey,Let's be honest, you probably can't. You will be yuckng their yum or they will be yucking yours. Why not propose alternating Fridays and offer to front them the money for the booze for one night of the summer?
- by Mayra David | 4/17/13 - 11:39 AM
A bathroom with two entryways, beepless elevators, and neighbors that don't smoke… six New Yorkers tell us what they’d add to their homes--or subtract--if only they could…
- Less social neighbors I’m in the basement of a brownstone and my neighbors like to sit outside and talk and sometimes they smoke, too. I’d say something but I know they are moving out soon anyway. I hope the next tenants don’t smoke -- or entertain -- much. - Kwenelle, Harlem
- It’s getting hot in here With the weather warming up I remembered that I really want ceiling fans throughout the apartment. -Gerald, Gramercy Park
- What happened to good ole elevator music? I wish the elevator on my side of the building didn’t have that loud, high pitched beeping sound every time it passes a floor. The beeping turns into a long squeal whenever it reaches a floor where it has to stop. I can hear it from my bedroom. - Joyce, Hamilton Heights
- Real.Est. List Spotlight Galleryby Leah Hochbaum Rosner | 4/17/13 - 10:19 AM
You recycle your newspapers and your glass bottles, bike to work when you can, and pay all your bills online. You’re doing your part to help the environment. But you want to do more.
Going green doesn’t have to be daunting, says Green Depot marketing manager Susanna Schultz.
“You don’t have to throw out everything in your apartment,” she says. “That’s not exactly sustainable. But it’s easy to switch stuff out as you go.” (See below for specific suggestions.)
Green Depot was founded in 2005 when former MTV executive Sarah Beatty faced a mold contamination scare after remodeling her Manhattan apartment.
- by Mike Akerly | 4/17/13 - 8:58 AM
Q. My wife and I are shareholders in a large co-op and I am on the board. We own shares in two apartments and are in the process of trying to rent out one of them.
Recently the board voted to allow our property management company to perform and review credit and background checks of rental applicants.
Our prospective tenant submitted the required application well over two months ago, and neither she nor us have heard any response from the management company. We’re losing thousands of dollars in rental income and will still have to wait for a board interview and approval even after we receive their acknowledgement of the application and credit check.
Is this delay typical of management companies? Without giving the appearance of impropriety as a board member, is there anything else I can do move this along?
A. A two-month delay after an applicant has submitted an application is extremely atypical and frankly, inappropriate. As an agent of the co-op, the management company has an obligation to fulfill its duties with the care and diligence normally exercised by agents in similar circumstances.
- by Teri Karush Rogers | 4/16/13 - 2:41 PM
Q. The plaster in the middle of my living room wall started bulging a little where it backs up against my shower.
What could be causing it? How concerned should I be? Who is responsible for fixing it--me or my co-op?
A. A leak is almost certainly the cause, say our experts, and the first thing you must determine is its source.
"With plaster, the water will just sit and cause the bubbling you are seeing in your wall," says Alex Ushyarov, a general contractor and the co-founder of home improvement website Click and Improve.com. "A plaster ceiling, on the other hand, will eventually give in and the portion of the saturated plaster will fall."
- by Alex Hughes | 4/16/13 - 1:07 PM
There are highs and lows in this week's Hot Dozen--the 12 rental apartments Streeteasy.com visitors clicked on most often over the past seven days. Among the lower-end apartments are single room occupancy studios in the $1,000 per month range, and on the high-end an over-$7,000-per-month three-bedroom on Central Park West.
A compact, lofted $1,500 studio (pictured) at 20th Street and Eighth Avenue (another hip and convenient neighborhood) is a single room occupancy unit in a townhouse. Again, utilities are included and pets are allowed (if you can find room for one), but note that this apartment features a communal bathroom, shared with two other tenants.
- Sponsored by Braverman Greenspunby Robert Braverman, Esq. | 4/16/13 - 11:32 AM
Investor demand has helped fuel rising condo prices, but many New York City condo boards are waking up to the fact that a bumper-crop of absentee owners--many of them investors--can be hazardous to their building’s health.
In the buildings where I am the legal advisor to the board, the tipping point occurs when at least 20-25% of units belong to owners who rent out their apartments when they’re not using them, which is most of the time.
The effects are broad enough and consistent enough that I expect to see some condominiums push to create cultures more akin to that found in co-ops, particularly with regard to the implementation of more restrictive rental policies.
- by Leonora Desar | 4/16/13 - 8:55 AM
Photo Credit / lusterbr
We've already touched on some of the considerations when buying an apartment IN a brownstone -- issues such as noise (since brownstones often weren't intended to be divided the way they are); chimney, fireplace and overall structural problems; and the general upkeep required.
If fractional living isn't your thing and you're looking to buy an entire brownstone, here are some things to consider first.
1. Upkeep and responsiblity
A brownstone is a more hands-on investment than any other property, warns real estate agent David Schorr of Heddings Property Group.
Unlike a co-op or condo, “If anything goes wrong with the property it’s the owner’s responsibility to get on the phone with the contractor or electrician,” says Schorr. “You can’t just call up your super and say I’ve got a problem.”
- by Roland Li | 4/15/13 - 2:16 PM
It's no secret that New Yorkers have very specific tastes. Just listen to one order a Starbucks coffee, or a meal in a restaurant (substitutions much?).
So maybe we shouldn't be surprised to hear how specific some New York City apartment hunters can be about their wishes and requirements.
That said, below are five dealbreakers we wouldn't have seen coming.
1. Passing the plumbing test
While working with a client recently, real estate agent Corlie Ohi of Citi Habitats was caught off guard when her client asked if he could shower in a seller’s bathroom on East 61st Street.
- by Sara Alessi | 4/15/13 - 11:24 AM
Forget the six-digit deals.The majority of the apartments that made the Open House Scorecard--the 10 open houses StreetEasy users saved more than any others this weekend--ring in at over a million bucks, in some cases way over $2 million.
A well-renovated three-bedroom, two-bathroom condop on West 82nd Street and Broadway on the Upper West Side is on the market for $2.595m and doesn’t require board approval. The prewar apartment features new windows, custom closets and a multi-zone audio system with keypads throughout. The kitchen has a center island, SubZero fridge, Wolf range, as well as marble countertops. The third bathroom is currently being used as a powder room with a laundry room, but can be converted back into a full bathroom. The doorman building has a children’s playroom, roof deck, and live-in super.