The Real.Est List
- by Teri Karush Rogers | 5/04/10 - 7:01 AM
Are buyers and sellers exaggerating sales prices at the behest of price-sensitive co-op boards?
In the post-Lehman market, roughly 1 in 10 co-op sales are recorded at misleadingly high prices to appease boards defending their property values, according to several lawyers and a mortgage broker who spoke to BrickUnderground.
- by Teri Karush Rogers | 5/04/10 - 6:52 AM
Q: I just bought a condo and the cabinets are all peeling. It looks like a vinyl-type contact paper that’s peeling. How can I repair them??? I have no money for new cabinets.
There’s pressed board under the vinyl—can I paint the board? How do I prep it?
A. Our BrickTank experts presented a range of options besides replacing the cabinets: While your financial outlay will be less than brand new, you will still need to spend some money.
- by Teri Karush Rogers | 5/04/10 - 6:44 AM
- City orders UWS townhouse to demolish 6th floor (WSJ)
- Sofabeds getting more comfortable (Apartmenttherapy.com)
- The 15 minute co-op closing (Coopandcondo.com)
- When does my building have to turn on the a/c? (StreetEasy forum)
- Effect of potential terrorist attacks on NYC real estate (StreetEasy forum)
- by Teri Karush Rogers | 5/03/10 - 12:22 PM
shaft en freude - n. Delight triggered by a less-than-flattering view of a neighbor or neighbor's apartment across an airshaft.
Glancing into the toy-crammed living room across the way, Monica felt a tingle of shaftenfreude over the fact that her own children were long past the Big Toy phase.
- by "John," Manhattan Elevator Operator | 5/03/10 - 7:41 AM
Suffering through hours upon days of the foolishness of residents and their guests can get under your skin.
Playing games on my cell or browsing the Internet isn’t enough of a distraction. Cursing at residents could cost me my job, and as frustrating as this job is, it is a good paycheck.
So, the way I see it, sex at work is a great alternative to actually saying “screw you” and getting fired.
- by Teri Karush Rogers | 5/03/10 - 7:12 AM
This week’s New York Magazine takes a riveting look at how wealthy Upper East Siders are dealing with our city’s bed bug epidemic.
In a word: Quietly.
One exterminator says he receives 50 to 75 calls about UES bed bugs every week:
His clients include movie directors, hospitals, white-shoe law firms, high-end schools, and “titans of Wall Street I can’t name to you or they’d crush me.”
- by Shari Gab | 4/30/10 - 1:17 PM
As the local mercury flirts with 90 degrees this weekend, you may find yourself seeking the pleasure of your window a/c’s company again.
But how much do you tip your super--or pay an outside company--for the backbreaking service of hauling your a/c out of cold storage and into your window?
- by Anonymous | 4/30/10 - 12:00 PM
Love thy neighbor? Tell us about it for our ongoing "Good Neighboring" series featuring first-person accounts of a kindly act by a past or present neighbor.
Now's your chance to say thank you--and inspire a fellow vertical dweller--by sending us your Good Neighboring story! If your story is the best, we will send you a $25 Starbucks gift card so you can thank your neighbor over frappucinos and 400-calorie pound cake.
- by Teri Karush Rogers | 4/30/10 - 7:31 AM
The Wall Street Journal reports a “frenzy” of last-minute buying across the country before the home buyer tax credit expires today.
But are NYC buyers rushing into contract to save $6,500-$8,000?
BrickUnderground heard two different views at a pair of local real estate events this week.
“It’s basically forcing buyers to hurry up—people are jumping into deals,” says Jordan Hoch, an agent at Prudential Douglas Elliman who was among several hundred agents attending Greenpearl's two-day Real Estate Marketing & Technology Academy.
One-bedroom, one-bath prewar co-op at 2 Jane Street has a 1,500 square-foot landscaped roof deck, north, south, and east exposure, washer/dryer, renovated kitchen, skylight, liberal sublet policy and air rights available for potential purchase. $1.050m, $990/mo maintenance. [Prudential Douglas Elliman]
Two-bedroom, two-bath co-op in a doorman building on East 52nd Street near First Ave features a private 260-square-foot and set-back terrace including deck furniture and electric awning, plus two communal roof decks, southern exposure, new wood floors, granite countertops, a separate formal dining area convertible to third bedroom, his and her walk-in closets, a children's playroom, a garage, and allows washer/dryer pending board approval. $1.55m, $2,500/mo maintenance. [Prudential Douglas Elliman]
Two-bedroom, one-and-a-half bath floor-thru unit on the third and top floor of a brownstone co-op on State Street in Brooklyn Heights offers a private deck, southern exposure, and a wood-burning fireplace. $650,000, $1,474/mo maintenance. [Prudential Douglas Elliman]
Three-bedroom, two-bath duplex in a postwar doorman building on Lexington Ave near E. 36th Street in Murray Hill has an office, a backyard with mature garden and view of the Empire State building, a decorative fireplace, and a chef's kitchen. $1.995m, $2,183/mo maintenance. [Brown Harris Stevens]
Just in time for round two of New York spring weather, this week's Fresh Start Fridays brings you four apartments with some serious outdoor space.
Fire up the grill and get ready to welcome the friends you didn't know you had. Or, kick your feet up in your sanctuary and bask in your own private sunshine and the zen, gentle hum of a city sprung to life.
- by Teri Karush Rogers | 4/30/10 - 7:00 AM
- How to negotiate with a landlord when your neighbors are paying less (UrbanBaby forum)
- That not-so-fresh smell in your dishwasher (Brownstoner forum)
- West Village nuisance Jane Ballroom reopens (Eater.com, NY Times)
- To buy or not to buy the apartment next door (UrbanBaby forum)
- How to look up a condo on ACRIS (BuyFolio)
- by a Manhattan co-op buyer as told to Teri Rogers | 4/29/10 - 6:00 AM
It was my first time buying an apartment--a one-bedroom co-op in an elevator building--and I didn’t know what to expect at the board interview.
I had heard a lot of different things and was told I could be rejected for any reason.
- by Penny Fallman May, Architect | 4/29/10 - 5:45 AM
Nothing lasts forever, and the fussy ostentation characterizing the pre-recession renovations of many classic prewar New York City apartments is finally giving way to a cleaner, more modern look.
One good reason: As even my most traditional clients have realized, it’s cheaper to achieve a great look if the materials are simpler.
- by Kathy | 4/28/10 - 12:38 PM
I shouldn't have scheduled our open house from 10 to 11:30 am this past Sunday; it was early, rainy and not a soul showed up.
To add insult to injury, StreetEasy had mistakenly taken down my listing on Saturday and sent an email to the people tracking the apartment that it was, wrongly, no longer on the market.
But that's OK. Why, you ask?
- by Anonymous | 4/28/10 - 6:07 AM
Dear Ms. Demeanor,
You will never believe what happened to me in the elevator today!
I live on the 52nd floor of a high-rise building. Upon entering the elevator on the way out, I pressed “B” for basement, which is where the garage is. About halfway down, a somewhat harried mom and her obviously unhappy 3-year-old daughter joined us.