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William Beaver House - any renters

Started by Nypaloto
over 16 years ago
Posts: 73
Member since: Oct 2007
Has anyone actually rented an apartment there? If so, would you be willing to share agreed price and incentives? I've been considering renting there, but there seems not much room (yet!) for negotiations.
Response by realfacts
over 15 years ago
Posts: 9
Member since: Aug 2009

Hi everyone,
Sorry for not commenting before, but the real facts are that Sapir owes a lot of money both to Blackstone (mezz loan) and iStar (Senior loan). Due to those debts they can't close any sales in the last 7 months! They can't even get contracts out. Basically, the brokerage there which is Prodigy lies about the situation and percentage sold and they keep on putting the open house signs, which is BS to bait clients to come and then maybe catch them and sell them in other buildings in the neighborhood. Everything about the building and brokers working there is shady!! be ware of them and their bait ads for sale or rental in the building... I responded to an ad and this chic tried to convince me to see other buildings with her after I realized they don't really have anything available there!!! But I guess there will always be suckers, so they'll keep on putting those baits until the state department will go after them and their licenses! Too bad for the building because it is a gorgeous building and amenities. At this point Sapir has to sell buildings to pay his debts or the WBH will go to foreclosure.

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Response by aboutready
over 15 years ago
Posts: 16354
Member since: Oct 2007

this prodigy thing. many of the recorded sales seem really, really odd. it any of the investigative types would like to take a look, i'd love to hear some ideas of what might have been going on. it seems like they were setting up a company to buy in bulk and then resale, at lower prices? to increase the appearance of numbers of units sold? i'm bemused.

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Response by movinup1
over 15 years ago
Posts: 241
Member since: Mar 2009

i agree with realfacts and aboutready completely. the apartments are gorgeous and the amenities are some of the best i've seen all over NYC. as for yes i agree prodigy is very sketchy. they did a bait and switch as well as offered to show us other bldgs/listings they have going on in the area. when we inquired about making an offer, they said just send it in an email and they will forward it to the sponsor-yeah right. i guess they are just there to smile and look pretty. perhaps once they finish the litigations, they will either go into foreclosure or some type of short sale arrangement which would be a financially good thing for interested buyers.
aboutready i know what you mean. as a street easy insider if you look at any of the sales they were form beaver to beaver. noticed that a while ago. i thought the same thing, they wanted to show sales and show them as selling at high price per square foot so the comps in the bldg will be kept high.

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Response by anonymous
over 15 years ago

what do you think caused the demise of the WBH?

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Response by darkbird
over 15 years ago
Posts: 224
Member since: Sep 2009

Location? It sucks. Too loud during the weekdays, too dead during the weekend.

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Response by anonymous
over 15 years ago

interest in what others think...

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Response by anonymous
over 15 years ago

and other then investors now renting it... who could possibly be living there??
i think the only other people that bought there are a bunch of fat divorced guys buying into the marketing campaign thinking it would help them get laid

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Response by jordyn
over 15 years ago
Posts: 820
Member since: Dec 2007

Why couldn't people who work in the neighborhood work there?

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Response by movinup1
over 15 years ago
Posts: 241
Member since: Mar 2009

i think there are a lot of people "in contract" once the litigations are resolved, i think there will be a lot more closings. I did see a man with a baby in a stroller in the elevator who said he's been living there for almost a year.

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Response by 456456
over 15 years ago
Posts: 1
Member since: Feb 2010

I am italian; I signed a contract for a 2 bedroom.
I like the building ; I have decided to wait the end of the litigation.
Now it impossible to close any deal.

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Response by anonymous
over 15 years ago

what happened?
what is the litigation about?

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Response by kstiles99
over 15 years ago
Posts: 171
Member since: Oct 2009

The contestants in that project runway for artists show on Bravo were housed at WBH. Doesn't speak well for the building I would think if they are whoring it out that way.

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Response by insearchof
over 14 years ago
Posts: 4
Member since: Jun 2010

Hi. I'm a professional woman in my early forties looking to rent in this building. I am seeking a studio with lots of windows and a good layout, but I am not yet familiar with the various floor plans. If you are interested in having a longterm, responsible tenant at a reasonable rental price for a studio, thereby recouping something on your investment property, please contact me. My email is creativesoulny@yahoo.com. Thanks in advance!!! Charley

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