Can You Claim a Lemming Defense....

Oops. Pardon the omission, Mr Hariko.
http://streeteasy.com/nyc/sale/500213-condo-101-west-67th-street-lincoln-square-new-york

I didn't realize that proximity to lincoln towers commands such a premium. Location, location, location.....

sorry for my ignorance... who is Mr Hariko?

Mr. Hariko was the buyer. Larger apts in that building have gone for $1500 psf in the past year. In 2009 I looked to rent an apt in that building that was asking a sale price of $3.5MM yet they couldn't get their ask price of rent $7000. The bathrooms and kitchen hadn't been touched in years. They finally rented the 2 bed, (1400 sq ft?) apt with unbelievable views for $5500. The market has risen since then, but do you really think it can't go down again with all the uncertainty in the market? Location, yes. Stupidity, no. Btw, there is no gym in the building. You must pay $200 per month per person for Reebok. Plus initiation fees.

Mr. Hariko would have done better renting there for a few years... hopefully he has $ to spare and doesn't care about taking a big hit.

http://www.google.com/finance?hl=en&safe=active&client=safari&rls=en&q=CURRENCY:USDJPY&ei=BBTBTMapEImgsQO5iOGjDA&sa=X&oi=currency_onebox&ct=currency_onebox_chart&resnum=1&ved=0CBgQ5QYwAA

note the japanese bgt rock ctr at the height 1989, Note the yen's kamikazee ascent vs. us dollar recently. Hope Hariko gets paid in yen.... or better yet he made his fortune building bridges into nowhere for the japanese govt. And finally, just bc you are a slut, you don't have to be slutty ALL the time.

its creepy that you delve into the records to come up with personal info which you then post on a public message board that has nothing whatsoever to do with the gentlemen mentioned. you're a freaky stalker - only fitting that the creepiest of them all w67 jumped right on board.

Dude, public infos are meant to be used! Are journalists creepy? That's what they do all day!

The way i see it, this Japanese sucker got fvcked over by one of his own kind! The dude wanted a place in a foreign country where he doesn't understand the language and market so decide deal with a local japanese broker.
Imagine you want to buy an apt in Tokyo and don't speak the language nor know the market. Who are you gonna ask for help? An american broker in Japan.

apt23, what do you or bubba know about feng shui, or about 80's track lighting being key to stopping the money from flowing out the door?

Why should the Japanese God's of finance be immune to the lure of a shoebox with a view? Is feng shui Chinese?

Okay spin, you got me. I do have an unnatural aversion to track lighting -- an incident way back when that no one needs to bring up. But suffice it to say that some psychological scars cannot be feng shui'd out of the deep pockets in the cerebral cortex.

But I have no problems with tape measures and if I were a God of Finance paying $2300 psf, I would check mine before closing. As for the views, yes they are stunning -- I've been in the high stories in that building. But "breathtaking views of the Hudson"? The building is on Broadway not Riverside. By that measure, you would be just as accurate extolling the panoramic views of Newark.

Long ago I gave up applying my grubby, earthbound sense of logic to those who don't even flinch when flying above of 2000/psf. Have you not seen the western bank of the Hudson in the dawn of hazy summer morn? Exquisite, I tell you. But I have finches with whom I share the rising sun and morning coffee. Who's to say one is worth three times the other? Is there an official body?

A true and poignant view, beautifully expressed -- worthy of our ol' buddy phil roth.

I think journalists will generally respect a person's anonymity if his/her identity is not crucial to the story. I agree this is creepy stalker behavior. You can call attention to the apartment and its sale price, since that is what these boards are about. But that is obnoxious to start pulling the buyer's name from the deed and posting it here.

Jeepers creepers, the buyers name is readily available on Streeteasy. Nobody is outing anyone that hasn't already been outed. BTW, did you know that apt23 is Paul Krugman? Met him at a mixer. Helluva guy, a little ruddy in the nose though.

"I think journalists will generally respect a person's anonymity if his/her identity is not crucial to the story"

....except for rape victims which is actually required by law, um no,I don't think a journalist respects anything other than circulation count.

bringing up the name does absolutely nothing to advance your point - which is that you think the purchase price was too high. the fact that creepmeister w67 turned it into a racist thing is sadly par for the course. This man is not a public figure (a la Krugman), and has reasonable expectations of privacy. SE should be ashamed that they don't put a stop to this behavior.

Printer, that's ridiculous! These are public infos, anyone can find out about it. So it's ok to publish on a wide scale Madonna's new address but it's not ok to publish some sucker's name on a blog? Gimme a break! If you want to remain anonymous on your purchase, start a trust fund and use it to purchase your property. As soon as all these infos are public (& you already know that before you buy), there are no reason to cry a river..

Oh please post87. I am married to a journalist and can assure you that this is public information that doesn't violate any privacy issue or code of ethics for even the most particular journalist. Do you think names should be taken off mail boxes in large buildings or doorbells as violations of privacy? I am simply COPYING a name from one page on Streeteasy to another. I am addressing an audience that has access to that info thru one click. People who post on Facebook have their privacy violated to a greater extent than that.

And btw, this buyer could be more American and even a better citizen than I but the name is actually pertinent. If this is a foreigner who is operating through a firm that caters to and seeks foreigners then we should all be concerned. I didn't COPY the firm's name to this thread because I fear they might be engaging in predatory practices and I don't think they deserve publicity. They did well for their client but probably at the expense of an unwary -perhaps foreign--buyer. If foreigners keep losing money in their real estate investments in NY they will stop buying and that will affect the market and everyone who owns property in NYC. How long do you think it will take for this buyer to recoup his transaction costs let alone a profit on this overpriced property?

So, while we are at it, I think the Setai Fifth Avenue is unfairly targeting unwitting foreign buyers into overpriced investments in their building. So, like Spin says, don't be surprised if you see a story about in the NY Times in the near future.

"So, while we are at it, I think the Setai Fifth Avenue is unfairly targeting unwitting foreign buyers into overpriced investments in their building. So, like Spin says, don't be surprised if you see a story about in the NY Times in the near future."

Actually most everyone paid under 1K per sq ft at the Setai, I dont think anyone got really hurt there (except for Mota and JRW :) )

Tseeker: Setai MIDTOWN not downtown. Prices start at around $2300 psf like this one. They claim they are almost half sold out -- all to foreign buyers

http://streeteasy.com/nyc/sale/530587-condo-400-fifth-avenue-midtown-south-new-york

Ha...wasn't even aware of the Midtown one...lol
If it at first you don't succeed, fail fail again.

{Im sure it will function mostly as a hotel the next 2 years)

"I didn't realize that proximity to lincoln towers commands such a premium."

lol

Well, that's a pretty high floor.

Some folks hate space, hate to clean and are used to small spaces.

Mr Hariko will probably order in the small salad.

hand roll or cut?

Maybe Mr Hariko found it to be a building safe for a man of his coror and prefers a building with multi ethnic menus.

Re: "I didn't realize that proximity to lincoln towers commands such a premium."

or Howard Stern:

http://groups.google.vu/group/rec.arts.tv/browse_thread/thread/06a069f10df858e8

apt23
1 day ago
ignore this person
report abuse ...
In the meantime, Mr. Hariko, let's hope you don't run into W67 in the elevator.

Does this have something to do with body odor?

By the way, can we now assume that apt23 has actually given the specific building address that w67th lives in?

"Hopefully, like Nabokov, you bought this apt from your lovely Lolita who needed the money."

So Mr, Hariko[sic] made a real estate purchase that was perhaps not so well advised and now you're speculating that he's a pedophile? That's so...what word am I looking for?...derisive.

And what does this have to do with him running into W67 in the elevator?

You continue to be acluistic SLS

apt23 is a stalker. She outed w67thstreet's actual building address.

And you continue to be a creepy/freaky stalker. I'd rather be acluistic myself, but, you know, to each his own

apt23's self breakdown will soon reach the level of aboutready's.

I spent 20 years in journalism. There's a distinction between public figures (such as Madonna) and private figures (such as a random buyer).

In addition, there's a distinction between information that is publicly available and information that it's appropriate to disseminate widely. (Let me use the example here that when a newspaper takes a photo of someone's home, the house number is digitally blurred).

I think naming a random buyer of an address is way out of line, and possibly legally actionable if that buyer objects.

ali r.
DG Neary Realty

wait a minute, is front_porch actually acluisticcomm1? I guess columbiacounty and w67thstreet never liked Ali anyway.

It is improper to name a specific buyer. It is not legally actionable. Apt23 -- you could just concede this point....

What about lying to the police, claiming an in-process gun felony that was not actually happening? Is that legally actionable?

“apt23
about 23 hours ago

Oh please post87. I am married to a journalist and can assure you that this is public information that doesn't violate any privacy issue or code of ethics for even the most particular journalist” and so on

So you can’t be challenged because your husband is a journalist? This is like the office boor who makes inappropriate comments with a racial or ethnic bent and when called on it says, “Oh please [NB: it’s important to start with ‘oh please’ so as to emphasize your disdain for the fussy, overly sensitive comment to which you are responding], it was a joke. And anyway some of my best friends are [whatever]”

"I think naming a random buyer of an address is way out of line"

Technically she might not have actually named him since she misspelled Mr. H's name.

Ali: I disagree. SE publicly puts out this info. Journalists might disagree as you obviously disagree with someone I consulted who has 30 years in Journalism with one of the most prominent journalism companies in the world. This is in no way actionable just as a CNBC commentator surmised that the buyer of a $10 million diamond perhaps bought it for his mistress. It is public information. The buyer could have hid behind a trust if he chose not to have his name known.

The point of the post was that the buyer overpaid.

Was your lie to the police actionable?

Give it a rest.

That's what she wanted, arrest.

I also have no idea where w67 lives. I pointed him out as he is very vocal when someone overpays. For all the posters to continue to feed the troll is more objectionable to anything else on this thread.

How is anything more objectionable than the criminal act you undertook, with the victims being the NYPD, your husband, and your neighbor?

F'k me when did the constitution say 'you shall own property, and if you do your personal information is off limits?' f'ka me. It's fair game in nyc re if that is the rule of getting a proper title to your abode. Imagine if every property was under a trust, who can 'insure' said tittle? All of america property title is public knowledge. It must be to ensure fair property taxes and ensure title. Dont like our system, go buy a patch of dirt in afghanistan, where a cup of coffee and exchanging of a secret handshake suffices. Oh if the guy has more brothers and bigger guns, you might as well just move. Flmaoz. Yeh Ali, I'm sure you never drop celebrity names in your business. Flmazo.

"For all the posters ..."

It's all just an illusion ... only ONE person doesn't like you and doesn't like columbiacounty. Just one person. Seriously.

w67thstreet
1 minute ago
ignore this person
report abuse F'k me when did the constitution say 'you shall own property, and if you do your personal information is off limits?' f'ka me. It's fair game in nyc re if that is the rule of getting a proper title to your abode. Imagine if every property was under a trust, who can 'insure' said tittle? All of america property title is public knowledge. It must be to ensure fair property taxes and ensure title. Dont like our system, go buy a patch of dirt in afghanistan, where a cup of coffee and exchanging of a secret handshake suffices. Oh if the guy has more brothers and bigger guns, you might as well just move. Flmaoz. Yeh Ali, I'm sure you never drop celebrity names in your business. Flmazo.

So you are not naked around children right now?

I've had more borkers drop celebrity names to sell me crap. Serioulsy, I know where a bunch of celebrity live bc I've got a mouthy broker. What's funny is it turns me off so so much.

Well we know what turns you on, right?

Under the bridge, over the bridge or off the bridge, queen.

Hey, can we get an update on the number of people who have touched your wife? Last we heard is that it was in the thousands, a rather wide range (no pun intended). Has it hit 1 million in the past 2 months, or is it getting there? Or is there a moratorium on touching your wife?

W67 -- Did you see Joe Nocera's piece in the business section of the NYTimes yesterday. Made the same point you make --albeit in different language

The one point I disAgree with is that we need to bail out banks again this time. We have FDIC insurance, just close them down, wipe the creditors and equity, employees Stk options, Mgmt equity..... Start fresh.

I don't think the public will ever allow the govt to bail the banks out again. The bankers fried themselves.

So apt23, no one seems to be on your side. Not even columbiacounty who is angry at you for talking to Riversider. Where's your husband?

Oh that's right, the police are investigating him for a gun purchase after you called and falsely reported that he was buying one.

can you provide the link for that?

Oh buyer, you goad me on. You know I can! At this point, even columbiacounty will provide the link to quash apt's conversations with Riversider.

(but if you really need it, just google +apt23 gun husband police)

Apt 23 are you really serious about the appropriatness of bring ing up real names (who are NOT public figures) in this site for discussion about how smart/dumb/whatever they were in buying an apartment? These people are not in the public arena.

If so, ould you be happy to have such a discussion about yourself if you were an owner, or would you be happy to be discussed in this manner if the law provided for public registration of leases (since you actually rent in nyc)? What if someone just knew who you were?.....I think those who are not public figures should not have to be subjected to this, even though it violates no law, but you feel so strongly that anyone can be discussed on here, I wonder if you would be happy to be discussed by name.

shut up troll

you're kidding alison--what celeb's daughter did you mention just last week as having bought an apt that was in discussion?

pls reply...spare me the search to quote your post

W, is the distinction between 23 using a stranger's name, which presumably he/she doesn't have permission to use, with a specific address, framed in terms of poor and possibly harmful business reputation ("default")

and

my using a client's name, which I DO have permission to use, in terms that don't harm her reputation, and without a specific address (in fact, at this point she's moved out of Manhattan) really too subtle for you?

I know we're in Internet world, but c'mon.

ali r.
DG Neary Realty

Every week in the Sunday NY Times on the second page of the real estate section the times has listed apt sales of note -- sometimes in historical buildings, sometimes historical prices, sometimes notable buyers. They almost always give the buyers name and the price paid and the address. These are not necessarily public figures like Madonna but are often industrialists, business owners, foreigners, sometimes just the offspring of the wealthy -- all private individuals. This practice is also undertaken by the NY Observer and the NY Post almost weekly.

The information is public because it protects buyers. Just as political contributions are public record to protect the populace. I find it interesting that people are focussed on issues of privacy but no one has mentioned that this buyer may have been the victim of an unscrupulous broker. Why is it that stock and fixed income brokers must supply you with reams of information and charts regarding historical returns and the volatility of markets. Yet brokers are not required to supply you with comps in the building and neighborhood, historical charts of local and national RE trends, etc You can buy $100 stock armed with reams of info but you can buy a $2 million apt and the broker it not obligated to tell you anything about the likely success of your investment. Do you think it would have affected the buyers offer if he had known that a two bedroom apt in the same building was on the market for 9 months before renting for just $5500 just a few months before he closed?

Ali, as a journalist do you find it to be a conflict of interest that you should know about the likelihood of the macro economic situation -- ie the mortgage fraud mess-- might compromise an investment in RE right now? Or at least is a risk that should be considered. You should be reporting on that issue as a RE journalist. Do you share that insight with your clients. Do you find it to be a conflict of interest to be a journalist and a broker?

There is a difference between a public record of someone's name and singling out by name someone you know nothing about (who is NOT a public figure) for ridicule in a public forum, where it will exist for years.

Do those defending this not see this distinction?

Would those defending this be perfectly happy to themselves be subject to ridicule by name ina public forum?

There is not legal violation here, however, but that does not per se make it right, obviously.

Apt 23 -- all that other speculation about what this guy was or was not told , and your personal assumption that this is a bad investment (it may well be, but maybe not), do not change the issue of whether bringing his name up for ridicule was appropriate.

I don't see why people are surprised about this behaviour by apt23. I've been pointing out for quite some time that this woman operates by another set of rules. She admitted on streeteasy that she reported a false in-progress felony gun crime being committed by her husband, in some harebrained scheme because she didn't like her neighbor.

You know I'm allowed. To take your picture in public spaces correct? Acris is a public data base. WTF dont you get?

Really, you have a notarized doc stating you can use my daughter's name to sell your wares? Really? Flmaoz.

"Really, you have a notarized doc stating you can use my daughter's name to sell your wares? Really? Flmaoz."

???

buyerbuyer is yet another manifestation of the troll.

columbiacounty is a shriveled up old man with no family or friends.

No, cc is a financial genius who sold at the peak by reading SE. His wife loves the fact they are sitting out the downturn with loads of cash. His offsprings went on to fine institutions of learning, which I am trying to accomplish with my two little ones.

YOU are a fking troll with nothing to add.

So, happy wife, lots of cash, smart kids, yet so much anger at the world.

YOU are a troll, and the only question is what will take you down first: your inappropriate behaviour around children, or your shady business dealings with others including the IRS.

you idiot.

i'm not angry at the world.

i find you ridiculous.

You aren't angry at the world? Are you a witch?

You said, falco..."just give me a few hours and I'll go back under my bridge".

I

i command you!
back under the bridge!

columbiacounty
about 2 hours ago
stop ignoring this person
report abuse
you idiot.
i'm not angry at the world.
i find you ridiculous.

Just angry at all people?

w67thstreet
about 2 hours ago
ignore this person
report abuse
YOU are a fking troll with nothing to add.

Really? At least I'm not inappropriate around children. At least people who do business with me don't get cheated.

how would we know? because you say so?

First of all, some of us are very thankful of foreign investors. They provide the capital that makes available to you and I some very nice places to rent. Without them, you'd be paying similar rent for less-nice places.

Second, on this name thing, let's all relax. It's all a matter of public record, no question. However, it doesn't add much to the discussion to say the guy's name rather than "buyer with Japanese-sounding name, perhaps a foreign investor". It is nice to keep names out because someone searching the particular name (say, for a job interview) probably shouldn't see our our stupid little discussions. So, I suggest leaving out the names.

I put the nameless one into google. No hit here on the first page.

I think you misunderstood inonada. That or, once again, if the facts don't fit your narrow view of the world, lie.

Ino: name was misspelled for exactly that reason. it is common rule of etiquette for that reason.

We believe you. Just like after you called the police on your husband, you told them you lied and he didn't do anything.

I thought that might have been the case, apt23....

So, this isn't a pattern of behavior by apt23? Like the time she called the police and lied that her husband was committing a felony gun purchase, all in some scheme to get back at her neighbor? That was all because of some common rule of etiquette?

So my count is four established posters (printer, post87, ali, buyer) against outing Mr. H, two for (sledgehammer, w67) and inonada tactfully in the middle although against as a general matter ("So, I suggest leaving out the names").

Yet apt23 seems to remain utterly convinced that she is right and others are flat wrong, and that it is her sacred responsibility to highlight high priced sales to (potentially) foreign buyers to bring to light the injustice of allowing real estate to be sold to these babes in the woods (a.k.a., sentient adults who have done well enough in life to have acquired the means to purchase Manhattan real estate and who might, just possibly, be making a decision of their own free will rather than under the hypnotic spell of a RE estate broker). Now where did I put my dictionary? How do you spell 'acluistic' again?

Flmaoz. That douche in Alaska admitted on a state televised debate. 'yes, I spent 5 minutes looking at porn' . He had to legally admit it. And u got issues with apt23 outing a public data point? Flmaoz.

Fwiw, the other candidates missed the greatest one line opportunity in politics. My question to him would have been.....' so do you admit you only last five minutes?'

I already had you down as 'for'

Liked you much better on the sideline.

But by your logic, the millions of 'adults' wo a gun to their head who
1) bought at peak and now must declare bk;
2) bankers who sold crap mortgages to institutional buyers;
3) pizza boys forging mortgage docs;
4) geitner/Bernie/Obama who still try to hide where the billions went to and to whom

And basically any adult who has a financial wherewithal to buy any pos or has legal authority to shift money around is off limits on the Internet. Flmaoz.

You know what Sls. Howz about I start posting peope's names on se who ar behind on their bills? Either to nyc re, coops or mortgages. I mean we release John's names (thank you whoever told me that on se) why don't we out idiots that don't carry their fair load for nyc

1) I'm probably rehashing some earlier comments here, but it's fairly classless to post a buyer's name here for the explicit purpose of deriding a purchasing decision. It adds nothing to the discussion, especially when you state that "The point of the post was that the buyer overpaid." Color me unimpressed - what exactly is the point of demonstrating that someone overpaid for an apartment in this city? Unless that's a truly rare occurrence (hint: it isn't), there really isn't one. And yes, the name is public info, but again adds nothing other than someone Googling his/her name will find this inane discussion.

2) "So, while we are at it, I think the Setai Fifth Avenue is unfairly targeting unwitting foreign buyers into overpriced investments in their building."

apt23, please elaborate on what you deem to be "unfair" in the marketing practices at Setai. I admit to know nothing about the building or the sales team involved, but that's a pretty strong accusation, so should be backed up with a bit of evidence. Otherwise, it's probably a little, you know, unfair.

bjw: If you have a teenager on the internet, you teach them to use nicknames or miss-spell their name so their privacy won't be compromised if someone googles their name. And, I did so with this name.

mostly i post about macro issues -- the mortgage fraud, shadow inventory, economic trends. This post was never meant to be this serious-- or extended. It was an incredulous-- albeit perhaps too snide-- comment on the price. I know this building because I tried to rent there. I also just changed brokerage houses last week and had to sign a million papers about how I understood I could lose my investment and was given reams of paper charting the records of every manager (comps, if you will) and disclaimers about how past performance, etc. I was wondering why that doesn't happen with real estate brokers. For most people RE is a larger investment than their stock portfolios. The fact that brokers do not have to legally provide such due diligence does not really make it right.

As for the Setai, the developers claim that they are half sold (at over $2300 psf) and that all the buyers are foreign. I have no idea about their marketing practices. But I am aware of very high powered tactics targeting foreigners for the Miami market -- which is of course a different market, different situation. Many developers in Miami were setting up situations that were akin to marketing green cards with apartment purchases. Imagine the tactics used to draw youth market buyers to the William Beaver House -- fancy parties, pictures of luxurious amenities, charts about how RE doesn't go down, etc. It is seductive. Any many young buyers bit. It is my supposition --which many take offense at-- that many buyers, including young buyers, were mislead and might come to regret their purchase.

Foreigners are a vital part of NYC RE market. If they are mislead about the market and suffer losses due to unscrupulous marketing practices, it would be a pity. Again I don't know the Setai's particular strategy with the mid town building. But I did visit the downtown Setai and was given misinformation -- which is the kindest way to describe the brokers claims. The only "evidence" I have about the midtown building is the high price for the condos and the claims about the neighborhood that I read about in an article which I can't find right now. And, their assertion that they have sold half the building-- which doesn't appear on Acris or SE.

On the contrary, i think we don't hear enough about Suckers for the simple reason that there are so many of them out there that we ought to educate them so hopefully they may learn to avoid making the same mistakes and get to research enough before dropping millions $ on a property. I think street easy has a bright future ahead!

apt23
about 1 hour ago
ignore this person
report abuse bjw: If you have a teenager on the internet, you teach them to use nicknames or miss-spell their name so their privacy won't be compromised if someone googles their name. And, I did so with this name.

Yes, and the troll spells behaviour with a 'u' on purpose: http://streeteasy.com/nyc/talk/discussion/23332-top-ten-things-about-our-resident-se-troll