The Real.Est List
Ask an Expert: Can our condo board sell the roof out from under us?
by Teri Karush Rogers | 6/11/13 - 2:22 PMQ. 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."
The StreetEasy Hot Dozen: 12 rentals that may or may not be available by the time you read this
by Joe Lazauskas | 6/11/13 - 10:57 AM
Alas, this $1,500/mo Upper West Side studio near Central Park has already flown the coop.
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.
10 things to ask before renting that luxury apartment in New York
by Leah Hochbaum Rosner | 6/11/13 - 9:13 AM
Studio apartments start at $3,800 at The Beatrice, a three-year-old 53-story luxury rental building at 105 West 29th Street in Chelsea near Sixth Avenue.
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.
7 things to consider before buying in a landmarked building
by Lucy Cohen Blatter | 6/10/13 - 2:13 PM
Two apartments are currently for sale at The Dorilton, a 13-story landmarked co-op on West 71st Street built in 1902.
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.
The Open House Scorecard: Nifty neighborhoods
by Sara Alessi | 6/10/13 - 11:28 AM
Lincoln Center, Central Park, Hudson River Park and the Beacon Theater are a short walk away from a $1.299m two-bedroom, two-bathroom co-op at Lincoln Towers on the UWS.
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.
How to file a claim on your apartment insurance – the right way
6/10/13 - 10:31 AMIf 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.
- StreetNoise
How to stage your refrigerator, love a Murphy bed, outshine the rental competition and more
by 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)
No-Fee Apartment of the Week: $5,000 two-bedroom in the East Village
by Lucy Cohen Blatter | 6/07/13 - 2:33 PM
This two-bedroom, two-bath at 225 East 6th Street is well situated for those who like to get out and party.
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.
- Transitions
Brooklyn Heights to Harlem: Escape from multi-million dollar mansions and unfriendly neighbors
by Craig Roche | 6/07/13 - 11:14 AMEver 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.
StreetEasy’s Most Wanted: A view for you (and a move-in ready apartment, too)
by Sara Alessi | 6/07/13 - 9:04 AM
Kick back, relax and enjoy the view from the roof deck of this $925k two-bedroom, one-bathroom co-op in Brooklyn Heights. You’ll have treetop and brownstone views from the bedroom, too.
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.
Rent Coach: Who's responsible for renting me an illegal apartment?
by Mike Akerly | 6/06/13 - 2:33 PMQ. 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.Real Estate Want: An artist studio or a dining library...maybe both
by Julie Inzanti | 6/06/13 - 12:05 PM
This West Village townhouse, listed for $17.5m, has an adjacent artist studio space that can also be used for entertaining.
We recently featured an amazing outdoor space, and this week we're going indoors.
This stunning corner townhouse on Greenwich Street has 15-rooms, two kitchens (one has an adorable French countryside feel), multiple sitting and dining rooms, a landscaped roof and an entire north-facing wall of glass, and a $17.5 million pricetag…wow!But it's the adjacent artist studio with separate entrance that piqued our interest. This space is perfect for professional use to keep a separation of home and work…or as a private retreat for self-work.
If you're not constructing a large-scale installation piece for your upcoming show at the MoMa perhaps you can repurpose this inspiring space as a dining library for large-scale entertaining.
- Real.Est. List Spotlight Gallery
Airtronics: Bringing central a/c home--to your apartment
by Leah Hochbaum Rosner | 6/06/13 - 11:03 AMWindow a/c's will certainly cool you down this summer, but nothing is as quiet (or enviable, a/c-wise) as central air.
Airtronics Air Conditioning Corporation—the topic of this week’s Real. Est. List Spotlight Series—installs and maintains a variety of central a/c systems, including split systems (in which the condenser and compressor are located in a rooftop cabinet and the evaporator is in a different cabinet in the apartment) and packaged systems (in which all the aforementioned parts are placed in a single cabinet on the roof), as well as ductless mini-splits (wall or ceiling-mounted units that are perfect for heating and cooling individual rooms), in high-rises and brownstones throughout NYC.
Mike Novack, a second-generation Heating, Ventilation and Air Conditioning (or HVAC) specialist who founded Airtronics in 1970, limits the company’s service area to the (heat) island of Manhattan in order to ensure for faster response times and a more personalized experience.
- StreetNoise
Brooklyn's R-train problem, why you should always check an apartment out twice and more
by Lucy Cohen Blatter | 6/06/13 - 8:59 AM- Got a sensitive nose? You may want to consult this list before choosing the Brooklyn neighborhood for you... (Brooklyn Paper)
- ...and the subway map: R-train to Brooklyn to close in August for at least a YEAR; Sandy-related damage to blame (Wall Street Journal)
- What happens in the building stays in the building--or it might if you had a privacy policy (Habitat Mag)
- 13 tips for renting in NYC, including where the deals are and why you don't need to work with multiple brokers (Refinery29, previously)
- If you're looking to rent, this nifty feature shows you the median prices across NYC neighborhoods (CurbedNY)
- Is St. George, Staten Island the next Williamsburg? One developer is trying to make that happen (DNA Info)
- Why title insurance costs so much in New York (and how to save on yours) (Malcom Carter)
- Always check out an apartment twice before making an offer (Malcolm Carter)
Your Celebrity Neighbors: Sting and Trudie Styler
by Sharon Krum | 6/05/13 - 3:12 PMWHO: Sting reportedly once said he had five hour long tantric sex with his wife, Trudie Styler. She later admitted it was a drunken boast. Well, who doesn’t lie about sex? (And good news for their neighbors, we say.)
WHERE: The rock star, who just started his summer tour, lives with wife Trudie Styler at 15 Central Park West, recently named “the reigning superstar of Manhattan trophy residences” by the New York Times. There are currently seven apartments available for sale there now--ranging from $7.5 million for a studio (!) to $85 million for a five-bedroom, 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.












