Here’s the Building Across the Street

February 7th, 2009 Posted in Uncategorized

The one I mentioned in the post before this one.  Why is this worth four times as much?  It looks like the same size.  Here’s the listing.  Okay, it does seem bigger.  I’d have to go back and compare the square feet, but I’m too lazy to bother.  It’s not like I’m going to buy one of them  I love the inside of this one though, and it’s got a fireplace.  Ohmygod it’s got three fireplaces. And a garden.  I changed my mind.  I want this one. 

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  1. 5 Responses to “Here’s the Building Across the Street”

  2. By Nicole on Feb 8, 2009

    I love New York. Really, I do. I just don’t get the real estate prices. The idea of someone paying $800.000 for an apartment the size of my bedroom, or just a touch bigger, never fails to amaze me.

    I’m thinking that $8.5 million would buy some serious beachfront. 🙂

    A colleague transferred to NYC a year or two ago and during an office visit he was illustrating how his place is about the size of a general space cubicle. I don’t know how you do it.

  3. By Stacy Horn on Feb 8, 2009

    9.5 million is mind-blowing. But you don’t really have one room the side of that building, do you?

    It’s insane though, absolutely insane.

  4. By Nicole on Feb 9, 2009

    No. My bedroom is only slightly bigger than most people’s closets. Yet, when I see some of these properties on House Hunters, there are apartments that are that size plus a bath and they cost $700,000-$800,000.

    In my part of the world, that would buy some pretty spectacular digs. Granted, it’s not NYC, but still…

  5. By dave on Feb 9, 2009

    Once upon a time, these taxpayer builings could be purchased all over the West Side for 100-150K !!!

    Blame the inflated prices (in part) on foreign buyers, who exploited the weak dollar.

    Also recall the story of 145 Hudson St, at one time zoned light commercial…which was purchased by one of the tenants for a mere
    one million bucks. After slowly forcing out all the other tenants, the zoning was changed to residential with the building being remodeled as luxury residences. Of course, it was re-sold yet again at a HUGE profit.

    sigh…

    david

  6. By Julia on Feb 9, 2009

    Insane! And the taxes… $900. Here my house is worth about $250,000 and I pay over $2000 in property taxes. Crazy.

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