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Old 03-13-2018, 07:45 AM
 
Location: Manhattan
25,341 posts, read 36,845,576 times
Reputation: 12730

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Quote:
Originally Posted by Henna View Post
I believe the interior wall square footage is 100% ok (and expected) for measurements for residential apartments and houses. Your second point is only for commercial real estate.

If you have a link that states otherwise, please post it.

The Elusive Measure Known as the Square Foot - The New York Times


Some humor:
"My agents and I sometimes joke that the numbers seem to be based on measuring the property from the middle of the street!" writes Peters.


THe numbers are fluid. You can get various estimates for the same place:


Including only usable square footage (USF) of a premises in the square footage measurement—measuring the inside face of a tenant’s enclosing walls (preferable to tenants);
<li abp="64"> Measuring the gross square footage (GSF) of the premises, including thickness of the exterior walls along with interior stairs and shafts (preferable to landlords)<li abp="65"> Measuring rentable square footage (RSF) and also including the tenant’s pro rata share of the square footage of the building’s common areas (lobbies, hallways, bathrooms and storage areas [called the “loss factor”] [preferable to landlords]); this concept of measurement was developed to give landlords a way to recover the cost of CAM on behalf of the tenants.


https://www.blankrome.com/publicatio...g-transactions

Last edited by Kefir King; 03-13-2018 at 08:03 AM..
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Old 03-13-2018, 10:31 AM
 
48 posts, read 47,623 times
Reputation: 27
There is no official sf when it comes to co-op's since nobody owns their apartments. Condo sf is in the offering plan filed with the AG.
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Old 03-14-2018, 08:56 AM
 
Location: Manhattan
25,341 posts, read 36,845,576 times
Reputation: 12730
Quote:
Originally Posted by NewToUES View Post
There is no official sf when it comes to co-op's since nobody owns their apartments. Condo sf is in the offering plan filed with the AG.

There is no official square footage...PERIOD...co-op, condo or rental.
If you are buying or renting, bring a tape measure and a clipboard and do your own measurements.
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