building at 226 East 12th Street

does someone have an answer for this

Subway drilling??

The building completed a major plumbing project in the fall of 2011 and also recently relaxed its restrictions on co-purchasing. I believe a newly upgraded building and increased pool of potential buyers, combined with a lack of neighborhood inventory, have made selling more attractive to current owners.

Were the fees for the plumbing project added into the maintenance? Is there an upcoming assessment?

The project was already completed. The building's financials are strong and there is no upcoming assessment of which I'm aware.

Why so many sales in this building?

People tire quickly of living in tiny apartments.

I'm left wondering why the maintenance on the bigger 1BRs is only about 10% more than on the small studios.

I lived in this building for many years - and was very happy there. The plumbing project is completed…we never had to pay an assessment for it, it came out of the general funds. Not sure why there seems to be spates of sales…but it always seems like it was that way. The building has great financials (which you would see during the buying process). My only complaint would be that the maintenance keeps going up every year (when I first bought my place it was in the low $400s, when I sold, 5 years later, it was close to $700). That said, maintenance is going up in most buildings, so…what can you do?