Originally Posted by poorsod
15 CPW is where the new money is at. No coop approval necessary. I once saw a studio sold in that building for about $800k and thought it was amazingly affordable. Then I found out it was servants quarters which you could only purchase when you purchased a suite.
I can't say I'm fond of the coop approval process -- everyone in the building ends up knowing everything about the applicant and his finances -- but I've always been able to work with it. That said, I wouldn't apply if I didn't meet the requirements.
When I bought my place in 79 ... the interview was a bit unnerving ... but I was approved. I recently sold it. We were careful to pick the "correct" agent ... one associated with a firm known for its very careful vetting of offers. Given the cost (on multiple levels) we didn't want to put forward a potential buyer if rejection was a fair possibility. The offer we did put forward was accepted. But as the buyer said ... I've never felt so on display in my entire life.