New York Times article about Bergdorf Goodman

[zjpj83]

Dumb non-Manhattan resident question: What does $1M get you in certain neighborhoods (include sq ft)? ie, Upper East Side - 2br, 1,000 sq ft, doorman bldg, view of Central Park Upper West Side - 2br, 1500 sq ft, no doorman, view of park

See: Elliman Brown Harris Stevens

 

[LabelKing]

I am rather fond of the Dakota. But I do not live in New York. However Shanghai's pre-war apartment buildings were quite magnificent. There was one gentleman in the 30's who every morning would ask his houseboy what the day was like outside, and how the sun shined, and then select from his suit-room, a suit that correlated to the time of day the house-boy described. There is also the Sasson penthouse, and the Muller mansion.

 

[mjs]

God damn I feel poor. Â And ghetto.

Ha, to be fair, i do believe the "standing warning" that reading these forums will inevitably lead to the discovery that everything you own is (realtive) garbage is posted often enough for it to come as no surprise

 

[norcaltransplant]

Dumb non-Manhattan resident question:

What does $1M get you in certain neighborhoods (include sq ft)?

ie, Upper East Side - 2br, 1,000 sq ft, doorman bldg, view of Central Park

Upper West Side - 2br, 1500 sq ft, no doorman, view of park

I'm signing a lease tommorow for $1200/month for 350 square ft studio. Or approximately the same size as Tom's converted walk-in closet.

 

[dorian]

This is the ground floor apartment in 998 on Sotheby's Realty. http://www.sothebysrealty.com/propert....rentyn= Full floor is obv even more impressive. Stunning...

 

[Horace]

Went to a dinner party at the Mellons' at 92nd and Fifth. Great building as well. RL is in the same building.

And how they doin'?

 

[Horace]

Quote:

(cuffthis @ May 12 2005,16:28) Dumb non-Manhattan resident question: What does $1M get you in certain neighborhoods (include sq ft)? ie, Upper East Side - 2br, 1,000 sq ft, doorman bldg, view of Central Park Upper West Side - 2br, 1500 sq ft, no doorman, view of park
One million would would be very lucky to find a park view... River sure, but I doubt park view.
Growing up with a view of the park can ruin you for the rest of your life.

 

[Mr Checks]

Dorian: (or any New Yorker):

What does "mt $7000" mean in the price listing?

 

[chorse123]

That's the monthly maintenance fee, which covers doorman salaries, common space cleaning and maintentance. Yes, per month

 

[mkk]

(Mr. Checks) Dorian: (or any New Yorker):

What does "mt $7000" mean in the price listing?

I'm not a New Yorker, but, I'm guessing that $7,000 may be the assessment cost. ??

 

[Manton]

"Mt" means "maintenance," paid per month. On a co-op, that includes operating expenses, property taxes, underlying mortgage on the building (if any), and in older buildings (which are not separately metered) utilities.

The really high-class buildings have huge staffs, which drives up the monthly charge. Plus, they set the maintenance much higher than operating expenses would stricitly require in order to build up huge cash reserves to fund renovation projects.

 

[Ambulance Chaser]

The most amusing aspect of this thread is that it is a conversation I can imagine Patrick Bateman (of American Psycho) having with his buddies . . .

 

[Mr Checks]

Re: maintenance fee.

Wow. A $7000 mt fee would be a $1 million mortgage payment.

Wow.

 

[cuffthis]

double post

 

[Steve B.]

This is a really great thread guys...

And is, in typical SF tradition, far afield from the original topic...

if you want to continue to discuss primarily NYC real estate, we should move it.

If we want to go back to B-G I'll leave it here.