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Old 07-11-2014, 08:53 PM
 
16 posts, read 21,784 times
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Ok I will do that thank you. I was referring to the 1 bedroom apts. I will check the back threads.
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Old 07-13-2014, 09:46 AM
 
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Hi, is the number we got on the letter, the ACTUAL number of our spot on the list? Or, is it just a placeholder to reply, then they create a new list with new numbers? My number in the letter says I am 345 but what about all the people who were waiting for apartments before they opened the list again? There might be hundreds to go through then they start with our list? Please clarify thanks.
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Old 07-13-2014, 11:19 AM
 
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Quote:
Originally Posted by RobbieNYC View Post
Hi, is the number we got on the letter, the ACTUAL number of our spot on the list? Or, is it just a placeholder to reply, then they create a new list with new numbers? My number in the letter says I am 345 but what about all the people who were waiting for apartments before they opened the list again? There might be hundreds to go through then they start with our list? Please clarify thanks.
The number you originally got is your place - they do not shuffle or renumber the list around again. However, after all the applications come in there are fewer people in front of you because some will not send in the application, and some will not income- or household qualify right off the bat. You remain 345 but the person directly in front of you may be 342 because 343 and 344 didn't send in the application or were otherwise disqualified. However there may be internal transfers who jump ahead of the external list, as well as veterans. Seems like the list for this place moves, albeit slower than many would like. Generally, they do not open a list until they've pretty much run through the old list.
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Old 07-13-2014, 08:37 PM
 
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Thank you for that info popartist. Do they inform you at some point if you do not qualify after you send in application and fee? Thank you.
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Old 07-13-2014, 08:56 PM
 
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I believe they will tell you if you don't qualify - They don't do a lot of probing though at this point beyond what you write on the application and *maybe* a preliminary credit check, most of that will come when they get to your list number and have an apartment for you.
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Old 07-14-2014, 01:14 PM
 
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Default Questions on Apartment in Masaryk tower,lower east side NYC

Hello everyone:

I am purchasing two bed room Apartment in Masaryk tower in lower east side, NYC. It is called purchase ,why they give me the paper called lessee and lessor ? On purchase price sheet it shown "rent" instead of purchase. On Application in 2010 which it said for purchase, why document today showing: Lessee, lessor, Rent.
Is any one here same situation? Can you explain why? Thanks
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Old 07-14-2014, 01:23 PM
 
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You are putting equity into the co-op, and get shares in the co-op corporation but you don't own the actual apartment. This gives you the right to lease your apartment from the co-op by virtue of your shares. The rent is your monthly occupancy charge.

BTW, the main Masaryk Towers topic is here: masaryk towers I think they are trying to keep all discussion about Masaryk there. And I will help out Wanting to Move here, especially since they are on the 2 bed list...what is your log/list number?
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Old 07-14-2014, 02:10 PM
 
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Thanks. I already paid. Waiting final document approval.


One more question: what is advantage compare to Rental Apartment which without putting purchase money?
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Old 07-14-2014, 04:30 PM
 
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The co-op is owned by all the residents, a rental apartment is owned by an outside landlord. An outside landlord can sell the building at will to another landlord who can do what they want (within the law). In a co-op, the residents vote on a Board of Directors comprised of fellow residents to act on their behalf, and sometimes the entire co-op will vote on momentous decisions. As a Mitchell Lama co-op, the entire co-op would vote on whether or not to leave the program (However, Masaryk is committed to Mitchell Lama for at least another 15 years, maybe more), if they leave Mitchell Lama, they can sell their apartments at market rate (but often with a hefty flip tax). In a Mitchell Lama rental, the landlord can single-handedly decide to leave the program and raise rents to market rate.
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Old 07-14-2014, 05:59 PM
 
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I appreciate your generous information.
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