ventilation issues at 315 Seventh Avenue

The fire was the first fire ever in this building and was caused by an old extension cord in an 83 year olds apt not because of any ventilation issues. If summers are unbearable maybe you need a larger air conditioner in your unit. Yes the corridors are not air conditioned but its an old loft building that was converted to condos. Its a very cool building..

wow so thats what taxes look like when the abatements run out (or no abatement to begin with)

Why are all the penthouses for sale at the same time?
Did a sponsor own all the units and renovate at the same time? Coincidence and capitalizing on spring weather?
A new high rise about to block views?

Correct, there is no tax abatement. These are NYC taxes which get appealed yearly. The taxes for Penthouse AB are $1.41 per square foot, which is on par with nearby new developments in the neighborhood including 55 West 17th, 245 West 14th, 45 East 22nd and 261 West 25th.
The penthouses carry a higher tax load within the building because they also pay taxes on their terraces, but also because the view increases their value. For instance, 2A pays $999 per month and 12A, having an open city view pays $1,155.
The major waterproofing project (which adds great value to the building) was just completed allowing for the unit terraces to be shown, purely coincidental but great timing because the views sure are beautiful.
I've heard there was a request for re-zoning on the north side of West 28th, and to the north up to 30th, but the view shouldn't be greatly impacted since the most dramatic view is directly west over FIT.

The views towards the west will only be affected on lower floors IF FIT gets to build their addition on the North Side. FIT still needs to come up with some serious money for that to happen. It has been talked about for years but never comes to fruition. That addition is only going up to 12 floors max and it is mid block between 7th and 8th. IF it ever gets built it will actually look pretty spectacular. It is a design of folded glass panels which will look really cool (sort of like the hurst bldg (sort of). Almost all of the 28th street air rights have been purchase by the two building going up at 6th street so the remaining structures along 28th between 6th and 7th will pretty much stay the same. There is a large apt or condo building going up on 28th in the parking lot between 7th and 8th however that building only goes up 18 floors and will command some serious rents/purchase prices as that is completely new build. It is also mid block so no real view issues there. It is a cool older true LOFT building in Chelsea. Oh and I do live here.

The taxes on the PH units are a joke. No sensible investor will pay >$2K in real estate taxes for a 1 bedroom unit. This is completely out of line with the rest of the market. sorry Jmoss but new development 1 bedrooms rarely have over $2K in monthly RE taxes (albeit they are less than <1000sqft). The brokers are giving a 1 year credit on RE taxes but this will not appease any concerns about ongoing carrying costs. It looks like they decreased the credit from 2 years to 1 year as well, while reducing the purchase price by $100K. That's a good trade off, but ignores the fact that the taxes are completely out of line with the market. You also can't compare the carrying costs of this outdated building to that of new developments. Granted the views are nice but amentities dont' compare to new dev condos. Look at this thread speaking of ventillation issues...

Although the PH views are stunning I must say...I'm sure there are people are willing to sacrifice maintenance costs for that...

The building is not tax abated so the taxes are higher than many of the new buildings which have abatements. It will all catch up eventually. The spaces are very well done and the views are incredible. All in all the building is really cool.. If you are looking for luxury go pay $3k 4K in west chelsea or head up to the high rises on the West side.. I think those places are a rip off. Who needs a doorman to open my door? Do you ever use the gym in those luxury buildings? Just curious. I like living in the real world.