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This article is so funny! Who would live there for $3700 a month! Sounds like a rip off...should have stayed with the east village place.
Same price, no fee, much larger, with two baths.
w67thstreet, they can't afford to buy. They will need to be broke renters until they can amass 6-figures liquid. Most idiots can not manage to do this. Hence, they do not get the jackpot at retirement and 30 years of rent-free living, to boot. Time will tell, but based on their theater purchase, I expect these dummies to be lifelong paycheck to paycheck renters.
...based on their theater rental decision making skills, I meant.
Buyer with $100k buys $1mm condo on w42. Then immediately takes a $100k heloc.
Renter rents same $1mm condo on w42 for $3k month.
Figure it out dealturd. It takes intelligence to make a $1mm in 4 months. I'm sure you can do it like the rebny test.
This was a truly sad article to read, with a tragic ending.
>The roommates agreed that Mr. Bauer would pay $1,700 for half of the living room and Mr. Francescon would pay $1,960 for the bedroom. They split the broker fee of 14.5 percent of a year’s rent, in the mid-$6,000s, and the cost for the temporary wall, $1,000.
Why did they pay a brokerage fee of approx $6500 to rent in a no-fee building?
w67thstreet, buyer buys $80k townhouse in 1980. Sells it for $6mm when he retires. And no, saying he could have taken that $8k downpayment to the racetrack and put it all on Secretariat (or investing into a company on the verge of bankruptcy) is not a valid opportunity cost comparison, you blithering imbecile.
dealboy: we don't always agree but I love the comment:
"You blithering imbecile".
w67th proved tonight what an imbecile he is, trying to defend aboutready.
Waa waa, stink ape.
Go back to crying about the Fifth Ave. ladies who weren't nice to you 40 years ago.
bullygang member.Trolling while wishing you could get laid.
12 midnight there,and even Grinder won't help.
If I was investing in 1980, I'd put 10% of my net worth in RE.
20% car loans and 20% mortgages. When you can get 10% in a savings acct, buying a townhouse was akin to putting $8k on secretariat. What's even funnier is your old reach around friend could've probably picked up the TH for $1k. His only savings grace was living old enough to take advantage of this massive re bubble. Fking winner bias. Go read a book besides 'how to hump re, again and again and again.'
Dealturd. You are a financial imbecile. But so are all the re humpers on SE. So like an ugly girl in a sea of ugly girls, put some lipstick on. Put on that skinny cocktail dress on and be lucky tonite.
get lucky, not be lucky
Sorry. Me immigrant. You ignorant. Me rich. You poor. Me handsome. You ugly. Me big penis. You dry vagina.
You get lucky 30 yr ago.
Me get good long lucky last nite.
what is it that makes someone need to prove himself constantly?
Lack of love from daddy?