tag:blogger.com,1999:blog-5694390946037511355.post7439736301220502163..comments2024-03-28T14:22:44.773-04:00Comments on EV Grieve: 189 Avenue C is converting to condosUnknownnoreply@blogger.comBlogger20125tag:blogger.com,1999:blog-5694390946037511355.post-88215604740985019922015-07-06T14:09:59.788-04:002015-07-06T14:09:59.788-04:00The entire building is under 421-a rent stabilizat...The entire building is under 421-a rent stabilization until 2020, so I doubt many of those units will be sold anytime soon. There are also plans to sell the SS Administration office next door and develop the property when the lease is up in a few years. According to the offering plan, they will be building directly in front of 1/5 of the units, blocking one of the 2 windows in those apartments. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-4156525671654688562015-07-01T15:05:28.398-04:002015-07-01T15:05:28.398-04:00Yep I live in this building and it *was* nice when...Yep I live in this building and it *was* nice when it was properly managed but lately they have begun letting out to NYU frat boys at discount rates who cram 7 people into a 2 bedroom apt who have noisy frat parties all through the week and leave half full beer bottles in the hallways and entryways. This is now managed by the amazingly terrible management company "Goldin Management" and is stuck with them for the next 3 years as per the offering plan. I was only almost shot on that corner by a stray bullet once... so probably don't want to get stuck owning something here. The management also installed unmonitored alarms on the stairwell roof exits which, once trigged, ring constantly for days. Check out the terrible reviews on Goldin Management here http://www.yelp.com/biz/goldin-management-brooklynAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-34082482397130785442015-06-30T00:30:44.638-04:002015-06-30T00:30:44.638-04:00@8:07pm: So, basically, the non-resident condo ow...@8:07pm: So, basically, the non-resident condo owners can rent their condos out as they wish - to create a dorm (or post-dorm frat house) for those whose mommies & daddies believe that Ave. C is a great place to live - oh, wait, or they can just Airbnb their condos if they want.<br /><br />I think this is why co-op ownership will never go out of style; at least in a co-op there is some level of accountability & control by the board of directors.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-70198505278300433952015-06-29T20:07:45.019-04:002015-06-29T20:07:45.019-04:00The price is ridiculous but the difference between...The price is ridiculous but the difference between condos & coops is that condos do not need Board approval to sublet so my guess is that the owners will not live there and sublet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-38854506215816378992015-06-29T18:26:30.116-04:002015-06-29T18:26:30.116-04:00My buddy lives here. Has a wife and small child. T...My buddy lives here. Has a wife and small child. The rooftop is wonderful and has unobstructed views of the East Village. <br /><br />However he can't wait to leave because, you know, the Campos Plaza shootings all the time. He doesn't feel safe lately. <br /><br />$700,000 for a tiny studio apartment next to the projects way over on Avenue C? <br /><br />Suckers. Shawnhttps://www.blogger.com/profile/15395915435209482109noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-49442543848859728502015-06-29T18:07:46.455-04:002015-06-29T18:07:46.455-04:00There is a guy who lives in this building who is a...There is a guy who lives in this building who is a spitting image of a young Nick Cave - what will become of him?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-78497593344570638252015-06-29T16:45:24.102-04:002015-06-29T16:45:24.102-04:00...also, $700K is the asking price. Taxes will con......also, $700K is the asking price. Taxes will continue to rise, and eventually the bough will break.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-82927845752720113852015-06-29T16:39:49.153-04:002015-06-29T16:39:49.153-04:00This will be us . i guess maybe i should borrob...This will be us . i guess maybe i should borrob and buy so i don't have to deal with scummy landlords ever again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-6831946430954038962015-06-29T15:59:24.080-04:002015-06-29T15:59:24.080-04:00Anon 1:25 pm. The 'diversity' and 'jus...Anon 1:25 pm. The 'diversity' and 'justice' applies to people who already got their RS apartments or public housing etc. Less than half of the housing is available to the public. Make more than 20k and less than 250k? Nobody cares about you. You are too 'rich' for 'low income' housing and too poor for anything else. There is justice and diversity. Lots of rich and lots of low income/poor. Thats reality. Nobody cares because they got theirs. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-48039959446097733272015-06-29T15:01:12.695-04:002015-06-29T15:01:12.695-04:00I think the point is they don't want to give a...I think the point is they don't want to give any kind of a good deal to the existing tenants. It's possible the apartments will sell for less than what the tenants are offered as insiders. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-30848997888955592542015-06-29T13:25:50.555-04:002015-06-29T13:25:50.555-04:00If I had 700K to spend, it wouldn't be on Ave ...If I had 700K to spend, it wouldn't be on Ave C. The housing situation in NYC is a troubling situation. One either has to be extremely wealthy or make at least in the mid six figures range in order to afford anything or both. Even then, nothing is assured for anyone. Apartments go within seconds. Where is the justice and diversity this city claims to offer to all of its residents? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-38632794067206867892015-06-29T11:58:01.823-04:002015-06-29T11:58:01.823-04:00$700k for a studio is a shit deal. According to s...$700k for a studio is a shit deal. According to streeteasy, a studio is 575 sq ft in that building. That's about $1,200 per square foot. For Ave C. You can do way better than that in way better areas. I'm sure they will catch a few rubes, but there are going to be a lot of vacant spaces at that price.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-9558590033324345882015-06-29T11:27:12.912-04:002015-06-29T11:27:12.912-04:00Fucking outrageous bullshit and blatant greed. Af...Fucking outrageous bullshit and blatant greed. After closing costs, taxes, and other fees, one is looking at dropping 900K. I'd say fuck it, move out and find something more attractive. I agree with the last commenter. While C is an upcoming area, it is still far from the subway. Even on Wall Street, where the hod is changing, you can find something for the same price, if not lower, in a much more modern building with beautiful views. What are the landlords thinking? Are they high? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-50907314087610882162015-06-29T10:19:50.701-04:002015-06-29T10:19:50.701-04:00Does anyone know anything about the history of the...Does anyone know anything about the history of the small two-story building down the street at 153 Avenue C? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-40242627248454168302015-06-29T09:20:36.961-04:002015-06-29T09:20:36.961-04:00Look up thhe Martin Act. Market rate tenants are n...Look up thhe Martin Act. Market rate tenants are not protected the same way rent stabilized tenants are during a conversion. Since their leases do not have to be renewed, and also since there are several loopholes in the law that favor the buiding owner over market rate tenants, being forced out after their leases expire is common.<br /><br />Here's a good summary in the NY Law Review of the ugly battles New York tenants have endured:<br /><br /><a href="http://www.newyorklawjournal.com/id=1202717535303/FairMarket-Tenants-and-Condominium-Conversions?slreturn=20150529090950" rel="nofollow">Fair-Market Tenants and Condominium Conversions</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-53965889684413669322015-06-29T08:52:35.301-04:002015-06-29T08:52:35.301-04:00Gojira - Asking doesn't mean paying.Gojira - Asking doesn't mean paying.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-70990238225458879582015-06-29T08:51:01.145-04:002015-06-29T08:51:01.145-04:00You can get a large one bedroom, with a balcony be...You can get a large one bedroom, with a balcony below Grand Street for this amount. These prices do no even reflect other (and better located) buildings in the EV. Just greed plain and simple. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-83666804007637805492015-06-29T08:42:37.726-04:002015-06-29T08:42:37.726-04:00It's expensive for that location - but not out...It's expensive for that location - but not outrageous for the 'hood as a whole. Now in any rational reality, its fucking crazy, but condo studios have been listing and selling for that or more further west in the new buildings.<br /><br />I would say, though, that the price is high given how far from the subway that location is and also for the amenities that I assume exist in the building.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-17593927096354780702015-06-29T07:56:07.575-04:002015-06-29T07:56:07.575-04:00$700,000 for a studio? That seems, even in this cr...$700,000 for a studio? That seems, even in this crazy real estate market and in this overheated neighborhood, a wee bit pricey. Are the walls made of gold or something?Gojiranoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-89641319259826260562015-06-29T07:34:27.721-04:002015-06-29T07:34:27.721-04:00From reading this, I believe the following applies...From reading this, I believe the following applies in this situation: It is a non-eviction plan, so every existing tenant has a right to remain in the building under their current leases and if they have a rent stabilized lease, that rent stabilized lease remains in effect as long as they wish to remain in the bulding. Anonymousnoreply@blogger.com