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High End Example, Inonada Edition

Started by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008
Discussion about
Spurred by kylewest's thread about a rather pedestrian 2000 sq ft village apt (IMO) for $4.5M: http://streeteasy.com/nyc/talk/discussion/29983-high-end-reno-example http://streeteasy.com/nyc/sale/663623-coop-33-fifth-avenue-greenwich-village-new-york I present how I would spend somewhat less and get much more. Here is a 3000 sq ft jaw-dropping architecural wonder, award-winning interior design, 6... [more]
Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008
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Response by w67thstreet
almost 14 years ago
Posts: 9003
Member since: Dec 2008

$4.5MM @ 5% return... = $18.75K/month.... and no bubble popping downside risk!

Where do I sign up for the rental. By the looks of it, my portable suction cup based dildos will have lots of places to use....

Oh to DREAM of a REAL vulva or a REAL plaster permanent dildo... dare I dream to OWN...... FLMAOZzzzzzz

NO BUBBLE HERE.. let's move on.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

Add another $4K for monthlies, another $4K to amortize transaction costs, another $1K for minimal insurance and upkeep, you're talking $28K a month. Double, for a lesser space.

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Response by falcogold1
almost 14 years ago
Posts: 4159
Member since: Sep 2008

This would be a great set for a cross-over architectural XXX REAL real estate porn.
'portable suction cup based dildos will have lots of places to use....'
Forward thinking design that marries suction friendly surfaces with the ability to be cleaned with a SEARS power washer. What is with this all white design business? Who wants to live in a Calvin Kline clothing store? I say we (SE regulars) pool our money and rent it out for a month. Everyone shows in a wetsuit and bicycle helmet armed with a giant supersoaker filled with astroglide. We divide into our two camps and we work this thing out once and for all.

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Response by kylewest
almost 14 years ago
Posts: 4455
Member since: Aug 2007

I don't think at $4.5MM (for the unit I like in the other thread) you really care much about the monthly cost break down. Anyway the above apt is indeed beautiful and stunning if a bit severe--hardly timeless design, but certainly says "wow" for now. In a wasteland, though. Great if you don't mind leaving your home and being surrounded by a botox-frozen, monochrome populous. UES depresses me beyond measure, but maybe the water views would perk me up.

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Response by rb345
almost 14 years ago
Posts: 1273
Member since: Jun 2009

Dickse:

Saw your webpage. Personally, I think you look nicer than
the apartment.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

Falco, great suggestion. Who gets what floors?

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

"Anyway the above apt is indeed beautiful and stunning if a bit severe--hardly timeless design, but certainly says "wow" for now."

Believe it or not, the apt was architected & designed & built in 1977. The renovation several years ago was done to stay within the original style. Think "carefully and lovingly restores in the authentic style of the period", but only it's modern rather than pre-war.

No question it is severe, but the fact that you said "wow for now" on a 35-year-old crazy-out-there apt speaks to the architect's skill & vision. I was personally floored when I found out this thing is from the 70's -- I would have never guessed.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

"I don't think at $4.5MM you really care much about the monthly cost break down."

I disagree.

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Response by hol4
almost 14 years ago
Posts: 710
Member since: Nov 2008

too cold.. not enough juxtaposition... this interior would befit an exterior log cabin..

the view is great, but water and metal = not enough wood to balance. too much metal.

the overly trendy white floors will be dated in a year (have been dated in gay years, thanks to bromstad)...

it needs a frameless canvas painting somewhere..

yes, im jealous.

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Response by kylewest
almost 14 years ago
Posts: 4455
Member since: Aug 2007

1977. Wow. Would love to see before and after shots of the reno. From quick look at photos many materials looked more high-tech modern than was available in 1977, but I didn't study it all that close.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

KW, the pic at the top here is before. Clicking on the slide show reveals anothe before shot (as well as some after shots):

http://nymag.com/homedesign/fall2006/21968

The thing was built by the guy who lived there, Paul Rudolph, who was dean of the Yale School of Architecture for some period. The place was his home & also his private lab to try out new ideas & materials.

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Response by w67thstreet
almost 14 years ago
Posts: 9003
Member since: Dec 2008

1977? Whoa. They had suction cup dildos back then?

Must shop for appropriately aged dildos to match the 1977 theme.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

For those of you that cannot imagine the indignity of renting, never fear. Another Paul Rudolph design is available for sale at $38.5M. A full townhouse, around double the space of this one with a better location but no views, built for Halston in 1966:

http://streeteasy.com/nyc/sale/644378-townhouse-101-east-63rd-street-lenox-hill-new-york

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

I apologize for debasing the place, but what's the monthly cost of $38.5M? Something like $150-200K?

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

Here's a Paul Rudolph in the Village for KW, done in 1993:

http://streeteasy.com/nyc/sale/551762-townhouse-42-west-11th-street-greenwich-village-new-york
http://www.cantorpecorella.com/42w11.html

Started at $15M in 2010, now at $11M. Was on the market for rent at $35K for a couple of months too.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

"1977? Whoa. They had suction cup dildos back then?

Must shop for appropriately aged dildos to match the 1977 theme."

Be sure to ask for vintage Halston.

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Response by falcogold1
almost 14 years ago
Posts: 4159
Member since: Sep 2008

inonada,
4 th floor bathroom, round area marked shower is actually an Orgasmatron which broke in 1986 right after the Mets won the series but before Paul Simon Central park show. The device is serviced by the same people you call to fix the Sub-Zero. Needless to say, the Orgasmatron was too expensive to fix.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

That 4th floor bathroom is money. The bathtub has views all around, is fed water from a waterfall, and sits underneath a skylight that runs the width of the top floor:

http://m.flickr.com/#/photos/42559288@N04/4189126958

A low-tech replacement for the orgasmatron.

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Response by kylewest
almost 14 years ago
Posts: 4455
Member since: Aug 2007

i remember when the Halston place first went on the market after his death. Walkways around the bamboo garden atrium looked dizzying. The architect's POV is powerful. For the apartment you better have a very enthusiastic housekeeping staff for all that white--but I do generally like it. Just hate the location. I find the area makes me very sad for some reason. The only time the neighborhood looks good to me is in the golden light of dawn on a clear day when viewed from the Roosevelt Island (an entire enclave of design disasters) or the 59th St bridge. But then again, that kind of light makes everything look good--sort of the visual equivalent of frying food which makes even leather tasty.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

"For the apartment you better have a very enthusiastic housekeeping staff for all that white"

Maybe they should write a NY Times article on that very subject? Woops, already been done ;).

http://www.nytimes.com/1998/12/03/garden/toil-and-trouble-in-plexi-land.html

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

Have you been on this particular street & enclave? Very pleasant. Less interesting as soon as you hit 1st Ave, and far from "life" on 2nd Ave. Definitely not one of my top choices for neighborhood either.

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Response by Brooks2
almost 14 years ago
Posts: 2970
Member since: Aug 2011
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Response by apt23
almost 14 years ago
Posts: 2041
Member since: Jul 2009

Ino: Great stuff. I have always drooled over that Halston place. Guess that is my answer to kyle thread. Btw, Miami still a buy--inspite of the brazilian/asian feeding frenzy-- due to foreclosure tsunami just starting up anew. Just bid on a foreclosure on the beach that is almost 50% below 2004 price. C'mon Ino, c'mon down. You will love the sun, the art, the salsa, the food,......the RE prices.

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Response by huntersburg
almost 14 years ago
Posts: 11329
Member since: Nov 2010

apt23, any troubles with the police in Miami?

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Response by reallynow
almost 14 years ago
Posts: 172
Member since: Apr 2010

Some of this is so awful it's painful to look at -- who would want a long bank of vinyl/leather/whatever against a wall in a residence. This looks like some idiots idea of what a cool architectural design would be.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

I'm too much of a homebody to actually use a 2nd home meaningfully, apt23. And the thought of a 2nd home being under-utilized, well I'm just allergic to waste like that. Just gotta get my work set up so that I need to spend half my time in Miami ;).

BUT, do post some links to your favorite mint Miami foreclosures for us to drool over. I want to know what I'm missing!

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

"This looks like some idiots idea of what a cool architectural design would be."

Heh. That "idiot" was a pretty well-known architect circa 50 years ago. The built-in furniture was because he didn't like traditional furniture.

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Response by inonada
almost 14 years ago
Posts: 7951
Member since: Oct 2008

Brooks, did you notice "Ideal for a private home or government consulate" on the townhouse listing you posted? I really don't like how the place was renovated, seems uninspired. Good for a consulate maybe, but not what the sort of thing that would have me parting with $9M.

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Response by Brooks2
almost 14 years ago
Posts: 2970
Member since: Aug 2011

agree, I think they bot if for under 5mm

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Response by NYCNovice
about 11 years ago
Posts: 1006
Member since: Jan 2012

414 e50 finally went under contract

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

and yet, inoitall is still wearing that same t-shirt

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Response by columbiacounty
about 11 years ago
Posts: 12708
Member since: Jan 2009

what are you wearing?

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Response by columbiacounty
about 11 years ago
Posts: 12708
Member since: Jan 2009

what are you wearing?

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Response by columbiacounty
about 11 years ago
Posts: 12708
Member since: Jan 2009

what are you wearing?

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Response by aboutready
about 11 years ago
Posts: 16354
Member since: Oct 2007

Where are you living? Investing?

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Response by bjw2103
about 11 years ago
Posts: 6236
Member since: Jul 2007

Amazing you guys are still going at it!

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Response by aboutready
about 11 years ago
Posts: 16354
Member since: Oct 2007

It's the weather. And I sprained my ankle. Bored.

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

You sprained your ankle? Does that mess up the vacation plans?

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

C0C0, did you figure out what your two other selves were wearing?

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Response by aboutready
about 11 years ago
Posts: 16354
Member since: Oct 2007

So not clever.

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Response by pleasantstead
about 11 years ago
Posts: 79
Member since: Nov 2014

Aboutready, I head you used to get paid as a writer on a web site. What happened to that?

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Response by NYCNovice
almost 11 years ago
Posts: 1006
Member since: Jan 2012

My word, what happened here. End of an era. In any event, I had not noticed that nada's high end rental example is now for sale. Encountered some prospective buyers outside waiting for agents. A mere 28 million to buy the whole thing, when one could have rented the penthouse for a pittance. At the high end, you get quite a bang for your buck if rent; I wish renting suited my personality because it does make a lot financial sense in NY. http://streeteasy.com/building/paul-rudolph-penthouse-apts/house

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Response by fieldschester
almost 11 years ago
Posts: 3525
Member since: Jul 2013

This thread is kind of creepy with c0lumbiac0unty asking someone who doesn't even exist what he or she is wearing three times in a row.

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Response by NYCNovice
over 10 years ago
Posts: 1006
Member since: Jan 2012

Nada recommended this very rental to me when I was looking in early 2012. It was not right fit for me because it was a lot more than I needed spacewise, but less than I needed service-wise. Special property.

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