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Old 06-16-2011, 08:42 PM
 
1,119 posts, read 2,653,602 times
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Quote:
Originally Posted by jcoltrane View Post
What is the most expensive?
TriBeCa.

Personally, I will take UES over TriBeCa any day.
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Old 06-16-2011, 09:29 PM
 
Location: Manhattan
25,368 posts, read 37,073,996 times
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Prices peak at Fifth, Madison and Park and drop as you pass Lex, Third, Second, first and York.

Consider 96 the very Northern edge of the UES.

Quote:
Are there cheaper areas within the upper east side?
Yes there are. There are even some clusters of subsidized housing and LOTS of 80/20 buildings built with tax breaks (20% affordable apartments.)
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Old 06-16-2011, 09:32 PM
 
Location: Manhattan
25,368 posts, read 37,073,996 times
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Prices peak at Fifth, Madison and Park and drop as you pass Lex, Third, Second, First and York.

Consider 96 the very Northern edge of the UES.

Are there cheaper areas within the upper east side?

But a decent shape 3 bedroom at market rent for $2700...highly unlikely, but you might stumble on a Fifth floor walkup on First Avenue that needs TLC.
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Old 06-17-2011, 12:45 AM
 
Location: Washington, DC & New York
10,914 posts, read 31,400,832 times
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Way too good to be true, even in a marginal building on the UES. You could find a non-luxury 2BR in that range on the UES; however, you would likely find it on the far east UES, which would be a hike to the subway.

Are you sure the advertisement did not say it's a 3 bed room apartment as opposed to a 3 bedroom apartment, meaning you could get two twin beds and a futon in the 2 bedrooms that exist in the apartment? Or, that you could line up said bedding in a long studio?

Manhattan real estate can have very creative descriptors, such as the 1BR that only has 2 rooms, which is not a "true" 1BR, but a divided studio where an alcove was turned into a tiny bedroom, sometimes called a "junior" 1BR. You should always find out how many rooms are in the apartment, along with the number of bedrooms, as it can help to gauge the level of puffery in the advertisement. A 1BR would be three rooms, 2BR would be 4, 3BR would be 5, etc. as minimums for a "true" descriptor, meaning the room is separated from others (not an alcove), has the legal definition so that the bedrooms are really bedrooms per the certifiacte of occupancy. There's also a JR4 which is a 1BR with a dining alcove, that in some cases has been eliminated and a second smaller bedroom has been carved out of the space, hence the "junior" descriptor as the second bedroom is very often not not full size, and is accessed through the living room or kitchen.

I agree that the other culprit is that it's not on the UES at all, but is in East Harlem. Now, not all of the areas north of 96th Street immediately decline, especially on 5th, Madison, Park, and Lex as that's part of Carnegie Hill to about Mount Sinai. I've even seen boutique real estate agencies who know better, advertise properties on 5th above 96th, below the hospital, as UES. That's the pool of buyers they are seeking, to be sure, but it's technically not the same neighborhood as 96th Street is the line on the east side, where the police precincts change, and also the upper end of the steam system that facilitated different types of development in the respective neighborhoods.
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Old 06-17-2011, 08:01 AM
 
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They say they've actually seen this "nice" apt...but I'm with you guys. Sounds WAY too good to be true! Just thinking maybe they're stretching the truth just a tad.
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Old 06-17-2011, 11:01 AM
 
Location: Brooklyn, NY
36 posts, read 150,850 times
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Quote:
Originally Posted by bill83 View Post
TriBeCa.

Personally, I will take UES over TriBeCa any day.
All of the Movie/TV/Reality stars have been living in TriBeCa. That is definetly behind the extreme real estate prices.
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Old 06-17-2011, 12:04 PM
 
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Movie stars live all over the city, in many neiborhoods...uws, tribeca, etc...
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Old 06-18-2011, 11:20 AM
 
3,617 posts, read 3,883,560 times
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Quote:
Originally Posted by Kefir King View Post
But a decent shape 3 bedroom at market rent for $2700...highly unlikely, but you might stumble on a Fifth floor walkup on First Avenue that needs TLC.
I have friends living in a place like this and while I don't know exactly how much it costs them, AFAIK it's a couple hundred more a month than that.

You can get some really good deals on high floor walk-ups on the far east side, but, only young, healthy people who don't mind the stairs and long walk to subway and can rustle up the roommates will be interested. Great if you fit that description, though.
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Old 06-18-2011, 06:13 PM
 
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Sometimes brokers will say "3 room apartment" meaning it has a living room, bedroom, and bathroom. Tricks a lot of noobs.
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Old 06-18-2011, 08:12 PM
 
4,502 posts, read 13,470,736 times
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Quote:
Originally Posted by stencil View Post
Sometimes brokers will say "3 room apartment" meaning it has a living room, bedroom, and bathroom. Tricks a lot of noobs.
Don't forget about the 2 BR places that they "convert" to a 3BR by putting in pressure walls. They've done this in Stuyvesant Town. You would see the "Pressure Wall" trucks all over the place in there. Ridiculous.
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