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Reasons why New York Sucks - Page 575

post #8611 of 11478
I don't blame him. 15 years in NYC. 14 years of which I would only find myself in the UES to go to Whitney, Guggenheim or Met. 1 year living here.
post #8612 of 11478
Quote:
Originally Posted by patrickBOOTH View Post

I honestly don't think the real estate values and rent levels are sustainable across the whole city. After the tech bust things will correct.

Tech is still small compared to the established pillars - finance, law, general corporate

Values were correcting in 09 until the gov't/Fed decided to prop up housing and finance and reinflated everything



UES: I knew people that loved Dorrian's. Yuck.
post #8613 of 11478
Quote:
Originally Posted by gomestar View Post

that's Fidi
At least FiDi has multiple transit options. All the UES has is the 4/5/6/ and buses.
Quote:
Originally Posted by lefty View Post

Cheap? Hasn't the UES always been one of the more expensive neighbourhoods?
lefty
When we were looking for a new place to live the places on the UES offered the most bang for you buck as far as space vs cost goes in the city.
post #8614 of 11478
Quote:
Originally Posted by Churchill W View Post

Quote:
Originally Posted by gomestar View Post

At least FiDi has multiple transit options. All the UES has is the 4/5/6/ and buses.
4-5-6 is a small price to pay
Quote:
Originally Posted by Churchill W View Post

Quote:
Originally Posted by lefty View Post

Cheap? Hasn't the UES always been one of the more expensive neighbourhoods?
lefty
When we were looking for a new place to live the places on the UES offered the most bang for you buck as far as space vs cost goes in the city.

ehh, we finished an extensive apartment search this summer, and I think you need to add "niceness" to the fold. We found much more space for the price in places like the LES, but a lot of places were run down dumps. The new construction down there has some really nice options that are pricey, the only risk here is shoddy construction ... we looked at a place and while it looked nice, the walls were so thin that you could hear the neighbor's TV.
post #8615 of 11478
Quote:
Originally Posted by gomestar View Post

ehh, we finished an extensive apartment search this summer, and I think you need to add "niceness" to the fold. We found much more space for the price in places like the LES, but a lot of places were run down dumps. The new construction down there has some really nice options that are pricey, the only risk here is shoddy construction ... we looked at a place and while it looked nice, the walls were so thin that you could hear the neighbor's TV.

Only having the 4/5/6 would be a huge factor for me. The UES would have to overcome a lot for me to seriously consider a place there.

Agreed with the niceness factor. We saw some new places in Williamsburg where the construction was shoddy and decided for the price we might as well just live in the city.
post #8616 of 11478
i never had a problem with the 456 lines, and I used them for 6+ years before moving to W'Burg. They're not perfect, but if there's was a problem with one line, I'd just take the other. Rarely would all the lines be down, though it has happened and this is certainly a pain.

the upside to the 456 is consistency - waits over 5 minutes were always rare, even late nights. I find that the West Side lines are tricky when it comes to consistency even though there's many more lines .. I've been stuck on the A/C platform for a while before. I've also wound up way uptown on a train that went right from 59 to 125 (why wouldn't you stop on the UWS???).



We are very lucky when it comes to general people sounds ... to one of our walls is an exterior wall, the other is structural, one faces the yard with windows, and the hallway wall is damn thick and has a sound killing vestibule for the front door.

and we have neighbors who don't give a shit about noise I make. As long as they don't give my dog some of their coke, we're all good with whatever.
post #8617 of 11478
Quote:
Originally Posted by Churchill W View Post

Only having the 4/5/6 would be a huge factor for me. The UES would have to overcome a lot for me to seriously consider a place there.

Agreed with the niceness factor. We saw some new places in Williamsburg where the construction was shoddy and decided for the price we might as well just live in the city.

My thoughts exactly. Some newer places I could easily hear people upstairs or through walls. When I was in FiDi in a converted commercial building, everything was dead silent and perfect, of course other than actually living in FiDi.
post #8618 of 11478
Quote:
Originally Posted by patrickBOOTH View Post

I honestly don't think the real estate values and rent levels are sustainable across the whole city. After the tech bust things will correct.

From a non-NY perspective, they have never been sustainable. Bad, expensive real estate in NY is like terrorism in Iraq. If you live there, you get so used to it that it becomes just a part of daily life. But while you think it's no big deal, people outside of all that are aghast at the horrible conditions you live in and are feature you in "Save the Children" pledge drives.
post #8619 of 11478
We're okay, really. But thank you for your concern.
post #8620 of 11478
Quote:
Originally Posted by Bounder View Post

From a non-NY perspective, they have never been sustainable. Bad, expensive real estate in NY is like terrorism in Iraq. If you live there, you get so used to it that it becomes just a part of daily life. But while you think it's no big deal, people outside of all that are aghast at the horrible conditions you live in and are feature you in "Save the Children" pledge drives.

Colorful, but "sustainable" /=/ "the same as in my town".
post #8621 of 11478
Quote:
Originally Posted by Bounder View Post

From a non-NY perspective, they have never been sustainable. Bad, expensive real estate in NY is like terrorism in Iraq. If you live there, you get so used to it that it becomes just a part of daily life. But while you think it's no big deal, people outside of all that are aghast at the horrible conditions you live in and are feature you in "Save the Children" pledge drives.

Sustainable does not mean what you think it means.



The real underlying problem in NYC real estate is not its price as much as the low quality of the properties. They should cost as much as they do, but be much nicer. This is the result of both rent control laws (which fix price and therefore make profitability a function of cost i.e. repairs) and regulations that get in the way of building and replacing the housing stock (making it impossible or ridiculously expensive to do so).

It makes sense for it to be expensive. Salaries are high, and all that car money gets substituted into apartment money.
post #8622 of 11478
Quote:
Originally Posted by gomestar View Post
 I've also wound up way uptown on a train that went right from 59 to 125 (why wouldn't you stop on the UWS???).
 

 

That's how the A rolls.  Express except for late night.

post #8623 of 11478
Quote:
Originally Posted by Bounder View Post

Bad, expensive real estate in NY is like terrorism in Iraq.

 

Bush's fault?

post #8624 of 11478
hope our Metro-North commuting friends are all ok.
post #8625 of 11478
I wish I were poorer, so I could finally afford to live here.
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