Grand Concouse Art Deco (New York, Bedford: real estate, apartments, condominium)

[pietrang]

New York Real Estate Brochures Collection: Projects

Anyone see how much 930 Grand Concourse looks like 530 Park Avenue?

Park Avenue Luxury Condominium Residences | 530 Park Avenue | NYC - 530 Park Avenue

Price differential is noticeable. What would happen if the art deco on the Concourse becomes desireable once again?

[rlrl]

I love Art Deco but would only feel safe looking at the bldgs in Bedford Park and not further down.

[BrownstoneNY]

The exterior aesthetics are not what makes buildings like 530 Park desirable and expensive.

[pietrang]

Originally Posted by BrownstoneNY

The exterior aesthetics are not what makes buildings like 530 Park desirable and expensive.

I understand the difference between Park Ave and the Grand Concourse. But the building aesthetics would certainly be a factor in choosing to live in one building versus another. I picked an art deco style building over a 1960's style because of aesthetics.

[pietrang]

Originally Posted by rlrl

I love Art Deco but would only feel safe looking at the bldgs in Bedford Park and not further down.

Bedford Park does have some nice deco buildings. But the ones further south are show pieces in my opinion.

[bluedog2]

Originally Posted by pietrang

New York Real Estate Brochures Collection: Projects

Anyone see how much 930 Grand Concourse looks like 530 Park Avenue?

Park Avenue Luxury Condominium Residences | 530 Park Avenue | NYC - 530 Park Avenue

Price differential is noticeable. What would happen if the art deco on the Concourse becomes desireable once again?

Unfortunately it won't be soon because many the owners of the buildings on the lower concourse have entered into long term binding agreements with various city and state social service and mental health agencies whereby blocks of apartments in the buildings are reserved for social service recipients.

Some of the co op buildings are exceptions but even some of those have some of these agreements where the original sponsor/landlord actually sold blocks of apartments to the NYS Dept of Mental Health or signed agreements with the City.

I love the GC and looked at lots of co ops down there when I decided to move to The Bronx but decided that it was going to take too long for the area to really change.

Some of the buildings are in horrible,horrible shape too.Decades of total abuse and neglect.I guess landlords didn't care as long as they had their cash flow from the city or state.

It will take a monumental effort and a monumental infusion of cash to really get it turned around.

I hope it happens but I'm not holding my breath.

[Norwood Boy]

Originally Posted by pietrang

New York Real Estate Brochures Collection: Projects

Anyone see how much 930 Grand Concourse looks like 530 Park Avenue?

Park Avenue Luxury Condominium Residences | 530 Park Avenue | NYC - 530 Park Avenue

Price differential is noticeable. What would happen if the art deco on the Concourse becomes desireable once again?

That's a nice building with a doorman Pietrang. 860 GC is also very nice and IMO in a better spot.

[pietrang]

Originally Posted by bluedog2

Unfortunately it won't be soon because many the owners of the buildings on the lower concourse have entered into long term binding agreements with various city and state social service and mental health agencies whereby blocks of apartments in the buildings are reserved for social service recipients.

Some of the co op buildings are exceptions but even some of those have some of these agreements where the original sponsor/landlord actually sold blocks of apartments to the NYS Dept of Mental Health or signed agreements with the City.

I love the GC and looked at lots of co ops down there when I decided to move to The Bronx but decided that it was going to take too long for the area to really change.

Some of the buildings are in horrible,horrible shape too.Decades of total abuse and neglect.I guess landlords didn't care as long as they had their cash flow from the city or state.

It will take a monumental effort and a monumental infusion of cash to really get it turned around.

I hope it happens but I'm not holding my breath.

I did not know about this. Is this true for the buildings south of 165th Street?