The Real.Est List
- by Sharon Krum | 6/12/13 - 3:42 PM
WHO: Good news! Michael J. Fox is returning to TV with a new sitcom in the fall. Better news: His Michael J. Fox Foundation for Parkinson’s Research has funded $325 million in research to date.
WHERE: The actor lives with his wife Tracy Pollan and their four children on the Upper East Side, where the median sales price is $1.295 million and the median rental price is $2,950, 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.
- by Mayra David | 6/12/13 - 12:50 PM
It goes without saying that most (if not all) New Yorkers appreciate a nice view--especially since so many of us stare out at airshafts and brick walls. For this edition of "Would You Rather," we decided to find out the kinds of views New Yorkers covet most--city, park or river "vu"?
- City: "I'd rather have full, open city views than any partial river or park view. Even if it's a full view of a green park or the river, the city view is so pretty at night, and makes you feel part of this vibrant city." -Fe, Morningside Heights
- City: "I'd love city views like you see in movies. I'd like them to be like what you'd see from Top of the Rock. Actually you see the park then, too, but it looks more like a mini golf course. I like being in the park, but above the city." -Ryan, Upper West Side
- by Jamie Lauren Sutton | 6/12/13 - 11:10 AM
Dear Ms. Demeanor,
I live in a small walk-up building and we allow our neighbors to keep their stroller folded on the first floor so as not to have to carry it up. But now I've noticed that they're starting to leave more things down there and it's getting pretty messy. How should we handle it?
Dear Veronica Vestibule,
Allowing a neighbor to keep a stroller in the building's vestibule is a kindness. Having said neighbor use the vestibule for storage is a nuisance. I would write them a letter signed by as many residents as possible, that states just that.
- Confessions of a Neighborhood Bloggerby Julie Inzanti | 6/12/13 - 8:57 AM
It took F'd in Park Slope founder Erica Reitman a few steps to get to Park Slope, Brooklyn.
She grew up in the suburbs of Long Island, moved with her family to Florida when she was 13 (which she describes as the equivalent of hell on earth), went on to college in Washington, D.C., then moved to L.A. for a few years, and then Manhattan, before moving to Park Slope in 2006.
Reitman fell in love with Park Slope after visiting some friends in the neighborhood. She and her husband were eager to ditch the hustle and bustle of Manhattan, so Brooklyn seemed like a great choice.
Reitman lamented the lack of a snarky, Park Slope-centric blog, so she founded one in November 2008. It's a pretty brutally honest take on the neighborhood of Park Slope and the residents…who are described endearingly as whiney and know-it-all.
- by Teri Karush Rogers | 6/11/13 - 2:22 PM
Q. In order to raise money, my condo board is considering selling our undeveloped roof space to one or more residents who want to create a private roof deck. However, there are many of us who would like to see at least part of it converted into a common roofdeck.
Since the space technically belongs to all of us, can the board sell it without putting it to a vote of all residents?
A. It's no surprise that your building wants to cash in on its outdoor space, say our experts.
"A sale can be a great source of revenue to address repairs and improvements," says Michael Wolfe, a property manager and president of Midboro Management. "And a vote may not be required."
- by Joe Lazauskas | 6/11/13 - 10:57 AM
Rentals move fast in NYC, especially this time of year. And this week's roundup of the most-clicked-on rental listings on StreetEasy suggests you need to move extra fast to score an apartment near Central Park.
Exhibit A: You're a bit too late for this studio apartment (pictured) at 31 West 85th Street and Central Park West listed at $1,500/month, but for the record, it was a third-floor brownstone walkup with a full kitchen and some nice prewar detailing at a relatively low price.
Similarly, a studio apartment at 113 West 73rd Street and Columbus Avenue is already gone. Listed at $2,100/month, it was located directly between vast Central Park and UWS transportation and shopping hub of West 72nd Street and Broadway.
- by Leah Hochbaum Rosner | 6/11/13 - 9:13 AM
So you’ve seen the heated indoor lap pool in the state-of-the-art fitness center, toured the screening room, entertainment lounge, game room, catering kitchen and pet spa. But take a moment before you rush over to the leasing office to sign on the dotted line.
Here are ten questions to ask before renting in a luxury building:
1. Do you have to pay extra for the gym?
Sure, the building’s fitness center rivals your local Equinox—with a lap pool, elliptical machines a-plenty and round-the-clock spin classes—but if it isn’t included in the rent, you might end up paying more than you would otherwise for a gym just because it’s on premises.
- by Lucy Cohen Blatter | 6/10/13 - 2:13 PM
It's hard to beat the charm of a landmarked building. Many boast beautiful architectural details (no cookie-cutters here), historical relevance and stronger bones than newer construction.
Yet landmark buildings--those that have been deemed by the city's Landmarks Preservation Commission to have special historical, cultural or aesthetic value--come with some limitations that may concern even the most passionate prospective pre-war purchasers.
Here's what to consider when buying in a prewar landmark building.
- by Sara Alessi | 6/10/13 - 11:28 AM
This edition of the Open House Scorecard--the 10 sales listings StreetEasy users saved more often than any others this weekend--features apartments in all sorts of popular nabes, like Brooklyn Heights, Prospect Heights, Midtown West, West Village, Upper West Side, in buildings that are close to a number of conveniences and some of New York City's most famous landmarks.
On the Upper West Side, this $1.299m two-bedroom, two-bathroom co-op at 150 West End Avenue, in the Lincoln Towers complex, is steps from Lincoln Center, Central Park and the Beacon Theater.
- Sponsored by Gotham Brokerage Co., Inc.6/10/13 - 10:31 AM
If you’re like most people, you renew your passport more often than you file an insurance claim on your renter’s, co-op or condo insurance.
"Many people go for years without filing a claim," says New York City apartment insurance broker Jeff Schneider of Gotham Brokerage. "Others may have an incident every 3 or 4 years. Of course, submitting too many claims, especially small ones, can impact your coverage without offering much of a benefit."
To maximize your settlement amount and make the process as painless as possible, Schneider offers these eight tips.
- StreetNoiseby Sara Alessi | 6/10/13 - 8:58 AM
- To sell your apartment, fill your fridge with "healthy snacks, nothing too high end and nothing too processed"... because you are what you refrigerate... (New York Times)
- ...For bonus points, hire a bad-vibes exorcist (New York Times)
- Learning to love a Murphy bed (New York Times)
- Airbnb to represent an East Village man fined $2,400 for renting a room in his apartment (WNYC.com)
- Some tips for outshining the competition in the cutthroat summer rental season (amNewYork)
- Downtown condo board files $10m lawsuit to block Denny’s from its commercial space... (The Real Deal)
- ...and an UES, couple files $5 million suit against Duane Reade over noisy, view-blocking a/c (New York Post)
- Looking to save money in Brooklyn? Think big--townhouse big (The Real Deal)
- The question you might not be expecting at your co-op board interview (Habitat)
- Immigration reform could trigger a real estate boom (NY Times)
- Don't care for Citi Bikes? Maybe it's time to move to Harlem or the Bronx (Wall Street Journal via The Real Deal)
- ....or into a fancy schmancy rental building (NY Times)
- by Lucy Cohen Blatter | 6/07/13 - 2:33 PM
If you love nightlife and eating out, you might want to seriously check out this $5,000/month no-fee two-bedroom in the heart of the East Village -- on East 6th Street between Second and Third Avenues. We doubt it's that big (East Village apartments rarely are), but it's probably ideal for those who want to be near bars and restaurants galore. It's available July 5.
Pros: The apartment has two bathrooms (one with a soaking tub) and the building has a doorman, an elevator (not as common as you might think in the area), and a package room. The (small) island kitchen lends an open feeling.
Cons: There are no photos of the bedrooms, so we're guessing they're on the smaller side.
No-Fee Rental of the Week showcases an apartment that’s currently on the market and is being offered with no broker fee (otherwise known as the holy grail of New York City rentals). For tips on how to find more no-fee apartments, check out the The 8 best websites for finding a no-fee apartment in NYC and our Guerrilla Guide series.
- Transitionsby Craig Roche | 6/07/13 - 11:14 AM
Ever since I was a child growing up in Clinton Hill, I’d dreamed of living in Brooklyn Heights, specifically on Garden Place, often dubbed by brokers "the nicest block in Brooklyn." Growing up, a number of my friends lived there, and the contrast between my family’s historic, if run down, brownstone in a pre-gentrified area, and the well-renovated mansions with gaslights and pretty facades fueled an unstoppable teenaged lust for real estate.
Finally, as a result of my willingness to finance my prospective landlord’s past-due real estate taxes via prepaid rent, I was able to find a gigantic floor-through in the ugliest house in the neighborhood.
Who cared if the bathrooms still had the pink and blue tiles common in the Eisenhower administration, or the stove manufacturer went out of business before I was born? The 13-foot ceilings, multiple fireplaces, ornate details, parquet floor, and vast amounts of space were truly droolworthy.
But after a few years, the spell wore off.
- by Sara Alessi | 6/07/13 - 9:04 AM
Want a relatively move-in ready apartment with a view of everything NYC has to offer? We don’t blame you. And you’re apparently not the only one: this week’s edition of StreetEasy’s Most Wanted--the 10 sales listings StreetEasy users saved more often than any others this week--highlights three renovated apartments with views for nearly any taste.
Let's start with the $925k two-bedroom, one-bathroom co-op on Hicks Street and State Street in Brooklyn Heights features a 350-square-foot private terrace (pictured) with views of the city skyline and the harbor.
- by Mike Akerly | 6/06/13 - 2:33 PM
Q. I went to look at a lovely apartment in Greenpoint that seemed like it was underpriced for a place of its size in the neighborhood. I decided to rent it and moved in two weeks ago.
After that, a friend who visited told me that the apartment is probably not legal because the building is classified as a three family and my apartment in the basement would be the fourth unit in the building.
Is the landlord or the broker who listed the apartment be liable for renting me an illegal apartment?
A. Yes. The Department of Buildings (the “DOB”) enforces the building code and has the authority to fine those who violate it.