building at 860 Fifth Avenue

Hi Tate,

I'd like to know too.

Have you seen 3M? A couple of $ more than 11E. Have you actually seen any apts here?

What do you think are the downsides of living on 5th? Have to walk to Lex to get anything & I like to go to the deli at midnight for sorbet. But I love the idea of being so close to CP.

Hi dwell,

I have seen two apartments in the building. It is, of course, desirable to be in the front of the building.

I have found it tricky to ascertain the financial requirements to get into the building.

Tate,

Why do you say it's tricky? The broker should tell you the $ reqs. I think it's like 2xs liquid assets, but, verify.

Dwell,

It seems that financial requirements have changed markedly over the last few years. I was told a few years ago (by a building resident) that the board sought liquid assets over $20 mn regardless of purchase price.

I know nothing in partiular about this building, but looking at past sales, most in a pretty moderate range under $2MM, it is very hard to believe they require $20mm liquid assets (current owners probably don't have that). Building resident was probably trying to puff up his (her) importance

Makes sense, ph41. Do you know the building?

Don't personally know it - seems a sort of a standard building (i.e.not a prestigious pre-war) - fairly generid layouts - higher prices definitely for park views (but the 2nd floor 2/2 with a 9'X40' terrace went for only $1.3MM - no park view)

But if you really want the Fifth Avenue address, and don't insist on park views, you could probably get a fairly good deal

I know nothing in partiular about this building

Don't personally know it

yet...you know that you can get a good deal? what, pray tell, are you basing that on?

wll,cc - fifth avenue address, below 86street, with very large terrace, for 1.3 is, I think, a fairly good deal. Without terrace, $1-1.1 - might even tempt Rhino86

Actually, VERY prime 5th avenue location, and asking $1.3? without park view, yup would think that is doable.

perhaps you should buy it...an investment.

Nope - it's a coop,(can't rent it out), and it wouldn't work as an office for my husband when he retires.(I have been looking for that, actually) and I love my own apartment way too much. Can't give up the space, terraces,and fireplace fireplace.

Sorryt, just one fireplace

I lived at 875 5th for several years. A co-op that required 50% down and relatively strong financials, but not like a 740 park type of building where you need $50mm-$100mm of liquid assets. I think 860 is similar but I could be wrong.

But I can tell you that unless you are over 75 and have your maid get all your groceries, etc., 5th avenue is pretty boring for the typical non-magnate homeowner. You are 3 blocks from any real life: 5th has nothing, Madison if you want a dress, park has nothing, lex has some restaurants. Of course, many people would disagree with me, but I found it stiffling. Especially dealing with the wannabe board members who want to make their building more exclusive. And having a park view means your over 5th avenue, and it is noisier than you would imagine.

but, it's huge....and you do have multiple terraces so its not a complete loss.

ch89 - 875 is a 1939 Emery Roth (so just barely pre-war, but still pre-war) unlike 860

cc- that last common made absolutely no sense, except perhaps to you.

I lived there for 5 years and never knew it was an emery roth building. pretty non-descript

although we did have phil donahue and "that girl" in the penthouse.
They were allowed to keep their 3 golden retrievers, but I wasn't allowed to have a cat.

take a look at this link:

http://www.thecityreview.com/ues/fifave/fif875.htm

think penthouse lady has had a little too much wine this evening?

no CC - trusted the info on the building's site., which states 1939 by emery roth - guess brokers lie

ch89- the u;nfair advantages of fame - but THREE dogs? Did they at least make them use the service elevator when walking the dogs?

well. who knows? this link says 1941. the point i'm trying to make is that one should be careful about throwing around opinions as facts.

cc: look at the apartments listed for sale - and what they have put out there.

Thanks CC: kind of like being known as "penthouse lady"

it fits you perfectly.

Thougj we've never met, I'm flattered that you think so.

Though no, I don't have a Hermes Birkin.

CC- you do know what that is, don't you?

why don't you say what you mean? go for it.

Just asked a simple question - really have no idea what "you mean"

so...you ask me if i know what an expensive handbag is? seems pretty snotty to me. what is your point? is it a good thing that i know what it is or a bad thing?

good thing - especially if you want to buy one for your wife.

Though it might be overkill in upstate NY

Actually , it's overkill for me.

don't be so sure you know anything about me. so...its a good thing that i know what an expensive hand bag is? why?

It's always good to be plugged in to the larger world. Sales of that level of handbag could give some inkling of the economic future in NY Didn't you read about the Hermes shoppers who asked to have their purchases put into generic shopping bags, so people wouldn't know they'd been spending major money at Hermes?

Actually, my husband has no clue as to what Hermes is.

frankly, your stereotyping of new yorkers makes me very uncomfortable.

Hey, most of them sterotype themselves

if your idea of being plugged into the larger world is defined by knowing about expensive handbags....well, i wouldn't go around bragging about that.

And where did you live before you left NY for the wilds of upstate NY?

the wilds of upstate new york?

i thought you were plugged into the larger world.

I am - are you?

according to you i thought i passed the test.

Not really - do you see any plays in NY? Broadway, offBroadway, off-off Broadway? Any dance? How often do you actually dine in NY restaurants? Do you really call yourself a New Yorker?

OK - ex New Yorker

so the handbag wasn't good enough? do i need a full size washer/dryer also?

born and raised not good enough for you? need to attend concerts at avery fischer hall to make your grade? are you kidding?

Not really - but come on - you are way out of the city, and yes, being involved in NYC life makes one a New Yorker, and sorry , you no longer really qualify.

well well well, ph41 who aboutready thinks is me but who says she abhors me and what I've done on this site is having a little spat with old miserable flatulent columbiacounty.

well well well

Normally I wouldn't even look at a thread about a particular building , but I'm glad I did.

how far away am i? wow, have you had a lot to drink or are you like this naturally?

You are very far away - do you usually just come in for a play or a concert? Let's get real.

so how many plays and concerts would qualify me?

OH Christ - hfs is piggybacking again -

yup, ph41, you are above it all. For some reason the same people who dislike me dislike you. Hmmmmmm

cc- at least 3/4 month.

FWIW - we average 2 a week

Oh, I'm going to go to columbiacounty's side on this, Ms. Hoity Toity.

so working in manhattan doesn't qualify? only attending cultural events?

what about raising kids? where does that fit in?

Yeah ph41, working in Manhattan doesn't qualify, only attenting cultural events?
what about raising kids? huh? where does that fit in?
yeah!

hey columbiacounty, we are good together at this.

like I've always said, two peas in a pod

This is so funny - now hfs is going afer me!!

cc - did you work in Manhattan - I and my husband both did, and we are stil here, unlike you.,

as i said, it is amazing how much you think you know about me. when, of course, you know nothing.

Actually, we're still here despite the fact that my husband has to do a reverse commute. He wouldN'T move to nj or upstate ny under any circumstances.

thanks cc, right on.

hfscomm- just give it up - you are so sick it is truly unbelievable

wait a minute, are columbiacounty and ph41 the same person?

hi hfscomm1

got rid of some of it.

no cc: you are no longer a New Yorker - don't know your zipcode but am fairly sure you don't qualify

no, columbiacounty is a NYer, trust me.

so...how does that work? do you no longer qualify the minute you leave? what happens when you come back?

Yes you left = when you come back you are a New Yorker. Sorry that;s the way it is

so...if you go away for the weekend? are you kidding?

i wish my accountant agreed with you.

hi hfscomm1

hi hfscomm1

Oh please CC - obviously not weekend people who mnaintain a primary NY residence = but we are talking about people who have left the city, as you have. You maintain a pied a terre? So you can enjoy all the cultural offerings of the city?

Don't think so

how could you possibly know?

oh ph41 please

possibly you stay with AR when you come into NY?

hi hfscomm1

hi hfscomm1

CC - I don't know - so tell me

hi hfscomm1

ph41, I'll text you too

hi hfscomm1

I'm gone - can't do this - totalally highujacked by hfs.

yeah, I guess I really destroyed the nasty irrational fight you and columbiacounty were having.

So sorry

hi hfscomm1

CC - this is scary - hfs posted that we were having a "nasty irrational fight"

How do we react? What do we do?

put it on ignore and move on.

on this one i will take your advice

CC - raising kids in manhattsan absoolutely qualifies - just working here does not.

Kids living here see and are exposed to so many things - hopefully many cultural things (as are our nephews in Boston) music, museums, fabulous kid stuff, theater)

Just working here doesn't do that

did you raise your kids here?

Did you?

oh yes...

Then we need your wisdom (however outdated) here

however outdated? did you grow up in manhattan?