New York City
Northern New Jersey
Search Better With
Shop for a Broker
Open House Planner
Saved Listings & Folders
Stats and Figures
Manhattan Condo Market Index
I was in this building the other day and I kinda felt a love hate relationship to it which I listed below... Does anybody else get the same feeling?
- A unique Rosario Candela Design.
- A hotelesq feeling upon enter the lobby.
- Few apartments throughout the building.
- Unbelievable views of Central Park & The Museum.
- No need to redo the apartments as they were recently converted.
- The ceilings were way too low for a pre-war Fifth Avenue apartment. However, this is common in Hotel conversions.
- Even though its 5th Avenue address is hard to come by its a bit crowded around the buildings area.
Overall I give the building two thumbs up. It's super rare to come by a Fifth Avenue Condop like this. You can view a more detailed description of the building here: http://uppereastside-apartments.com/condo/995-fifth-avenue/
It's early Candela, and was completely gutted and reconfigured inside anyway, so nothing special there.
It's a land-lease co-op with condo rules. There're condos on Fifth, if you want one.
Insane monthly maintenance due to the land-lease.
The layouts are obviously very different from what Candela envisioned for these apartments. It's not really a "unique Rosario Candela design" if it doesn't resemble Candela layouts at all. The exterior is much closer to the original design, but most people with saavy will clearly realize the difference as soon as they step into the apartments.
And yes, the maintenance is insane (e.g., $4.20 per square foot for 7S) and it's a land lease building. I'm a bit surprised that Naro's commentary doesn't mention the Land-Lease as a "Con"--seems like a big omission. (I don't think that the ceilings are a "Con" as they appear to be 9ft.)