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what's the CR approach to getting luxury condo ($2-$4mm) in MFH?

1/1.5 layout or larger; must be doorman building does it ...
translucent yapping corner
  08/14/18
(1) Chop off your dong (2) Marry hedge fundmo
azure factory reset button
  08/14/18
unhelpful; have $2-$4mm to blow on a second home and plan to...
translucent yapping corner
  08/14/18
Those tax abatement buildings seem insane. Like one day you...
Insanely creepy space
  08/14/18
how does the abatement impact the maintenance? is the discou...
translucent yapping corner
  08/14/18
Not sure if affects the commons charges, but You pay propert...
Contagious glassy electric furnace gas station
  08/14/18
Why even buy that? Get a fucking spread (5000+ sqft) in NJ o...
thirsty titillating nursing home newt
  08/14/18
don't live in MFH but am there for work/visiting friends oft...
translucent yapping corner
  08/14/18
...
nofapping state juggernaut
  08/14/18
?
translucent yapping corner
  08/14/18
...
nofapping state juggernaut
  08/14/18
LMAO please LINK to something that's "the same value fo...
translucent yapping corner
  08/14/18
...
nofapping state juggernaut
  08/14/18
LMFAO at 1980s vintage WHITE appliances in the kitchen and n...
translucent yapping corner
  08/14/18
...
nofapping state juggernaut
  08/14/18
Love dat basement apartment with a prestigious door to the s...
passionate anal jew
  08/14/18
CR
translucent yapping corner
  08/14/18
Kill all boomers
Dashing balding mad-dog skullcap
  08/14/18
lol i was born in 1984
translucent yapping corner
  08/14/18
Are you using "condo" to mean "coop" or ...
hot tattoo station
  08/14/18
either condo or coop is fine.
translucent yapping corner
  08/14/18
1) Don't get "luxury" place (ie. bullshit overpric...
hot tattoo station
  08/14/18
...
translucent yapping corner
  08/15/18
LOLJJC having fun playing make believe?
sticky hairy legs stage
  08/15/18
Update?
Puce mediation hell
  06/22/20


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Reply Favorite

Date: August 14th, 2018 8:48 PM
Author: translucent yapping corner

1/1.5 layout or larger; must be doorman building

does it actually make sense to prefer buildings where a tax abatement is possible? how do i qualify?

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617766)



Reply Favorite

Date: August 14th, 2018 8:50 PM
Author: azure factory reset button

(1) Chop off your dong

(2) Marry hedge fundmo

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617770)



Reply Favorite

Date: August 14th, 2018 8:52 PM
Author: translucent yapping corner

unhelpful; have $2-$4mm to blow on a second home and plan to do it in MFH both because i'm often there for work and b/c i feel it's a strong RE investment.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617777)



Reply Favorite

Date: August 14th, 2018 8:52 PM
Author: Insanely creepy space

Those tax abatement buildings seem insane. Like one day your maintenance will just go up by like $6k a month or something. I don't think there's anything to "qualify" for - the abatement is on the building until a certain date.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617774)



Reply Favorite

Date: August 14th, 2018 8:53 PM
Author: translucent yapping corner

how does the abatement impact the maintenance? is the discount provided directly to the building developer/manager and a portion passed on to residents until it runs out?

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617782)



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Date: August 14th, 2018 9:00 PM
Author: Contagious glassy electric furnace gas station

Not sure if affects the commons charges, but You pay property taxes on the condo. They will go up bigly once the abatement is gone.

This 3 million condo - 500/month taxes.

https://streeteasy.com/sale/1316698

This one -1600/month taxes.

https://www.corcoran.com/nyc-real-estate/for-sale/tribeca/30-warren-st-apt-2a/5384109

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617822)



Reply Favorite

Date: August 14th, 2018 8:54 PM
Author: thirsty titillating nursing home newt

Why even buy that? Get a fucking spread (5000+ sqft) in NJ or CT for $2-4mm, and if you're so inclined, Airbnb it at an upscale pad in NYC whenever you get the urge.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617786)



Reply Favorite

Date: August 14th, 2018 8:59 PM
Author: translucent yapping corner

don't live in MFH but am there for work/visiting friends often. no point for me buying in Greenwich or some shit. i already have a big house in my primary city/state.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617810)



Reply Favorite

Date: August 14th, 2018 9:02 PM
Author: nofapping state juggernaut



(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617826)



Reply Favorite

Date: August 14th, 2018 9:05 PM
Author: translucent yapping corner

?

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617837)



Reply Favorite

Date: August 14th, 2018 9:16 PM
Author: nofapping state juggernaut



(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617887)



Reply Favorite

Date: August 14th, 2018 9:42 PM
Author: translucent yapping corner

LMAO please LINK to something that's "the same value for 900k"

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618046)



Reply Favorite

Date: August 14th, 2018 9:55 PM
Author: nofapping state juggernaut



(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618120)



Reply Favorite

Date: August 14th, 2018 9:57 PM
Author: translucent yapping corner

LMFAO at 1980s vintage WHITE appliances in the kitchen and no glass enclosed shower in a two-bedroom, just two fucking shitty bathtubs like a college dorm room.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618134)



Reply Favorite

Date: August 14th, 2018 9:59 PM
Author: nofapping state juggernaut



(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618144)



Reply Favorite

Date: August 14th, 2018 9:59 PM
Author: passionate anal jew

Love dat basement apartment with a prestigious door to the street in the living room

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618143)



Reply Favorite

Date: August 14th, 2018 10:10 PM
Author: translucent yapping corner

CR

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618195)



Reply Favorite

Date: August 14th, 2018 9:16 PM
Author: Dashing balding mad-dog skullcap

Kill all boomers

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36617890)



Reply Favorite

Date: August 14th, 2018 9:41 PM
Author: translucent yapping corner

lol i was born in 1984

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618041)



Reply Favorite

Date: August 14th, 2018 9:55 PM
Author: hot tattoo station

Are you using "condo" to mean "coop" or are you actually specifically looking for a Condo in NYC?

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618122)



Reply Favorite

Date: August 14th, 2018 9:58 PM
Author: translucent yapping corner

either condo or coop is fine.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618137)



Reply Favorite

Date: August 14th, 2018 10:00 PM
Author: hot tattoo station

1) Don't get "luxury" place (ie. bullshit overpriced new development with amenities you won't use).

2) Get a nice unit in a nice building.

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36618148)



Reply Favorite

Date: August 15th, 2018 1:21 AM
Author: translucent yapping corner



(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36619176)



Reply Favorite

Date: August 15th, 2018 4:42 AM
Author: sticky hairy legs stage

LOLJJC having fun playing make believe?

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#36619486)



Reply Favorite

Date: June 22nd, 2020 9:35 PM
Author: Puce mediation hell

Update?

(http://www.autoadmit.com/thread.php?thread_id=4052155&forum_id=2#40476270)