Georgetown Plaza - 60 E 8th Street

There are no fair rent prices in that market!! Crazy.

The only thing I found that's less and still a reasonable size is this (a coop but no board approval):

http://www.streeteasy.com/nyc/rental/500114-coop-69-fifth-avenue-flatiron-new-york

i've always been somewhat curious about the rooftop pool at georgetown plaza. what is it like? is it outdoor? how does it compare to zeckendorf's pool?

Rooftop pool is very nice. Not sure how it compares but since there are no other buildings its height in the area, the views are amazing. Summers are also really nice - its generally very quiet up there.

I talked to the agent for 69 Fifth the other day. Supposedly she already has a renter but she wanted me to come in to see the place because she is "not so sure that I am completely happy with the tenant".

Whatever that means.

I know the neighborhood and the building quite well. First off, you should understand that these are 2 bed/2baths, convertible 3 bedrooms (the dining portion of the L can be made into a legal bedroom (it has sufficient size, a window and its own heating/cooling unit). Whether the units listed for rent have been converted I don't know. The first one you list above, for $8,450, I actually saw about a year ago when it was last up for rent. At the time, it was set up as a 2 bed/2 bath and the dining nook was just that, a dining nook. (If you need that 3rd bedroom, you need to see if it has been converted and, if not, whether the owner will elt you throw up a temporary wall.) However, the apartment was VERY nice with great views and beautiful hardwood floors. Both of these units listed are corner units with North and East views. Personally, I prefer the opposite corner 2 bedrooms with North and West views, but that is pretty subjective and both are nice.

It is tough to judge "fairness" since there are so few comparables in this area. The best comparable is 300 Mercer Street, which is right next to Georgetown Plaza and is an all rental building. Based on Streeteasy it looks as if the last corner 2bed/2bath there rented for about $5,950/month. I personally think Georgetown is much nicer than 300 Mercer (higher ceilings, larger apartments, among other things), but whether the comparable units are really worth $2,000 more per month is obviously a personal choice. Another problem though with 300 Mercer is that very few units, and especially few 2 bedrooms, become available with any regularity.

The pool on the roof of G'town Plaza is nice and suits its purpose well, but is certainly no Olympic size pool or anything.

I live there. You should consider the noisy kids partying at night. Best thing to is talk to the door man who does the graveyard shift. He knows the complaint dirt.

I used to have a neighbor who used party till dawn. Singing, banging, loud music, kicking door, screaming etc etc..

Oh and another person starting making furniture at 12 am........

getting out, 69 Fifth has been on the market for 4 days. She told you she already has a renter, but she wants you to see it? I call major BS.

The best part about living in this buiding is that looking out from your apartment you will never have to see this ghastly example of the very worst architecture that was inflicted on the Village in the last 30 years. Alright, NYU's library is worse. But that isn't saying much.

It is around 1200-1300 sq ft at most. Between $4-5 per sq ft per month depending on the renovation and view. Tops $6000 per month.

Another reason buying is better than renting!!

The first thing you have to accept about the Georgetown Plaza is that you are living in the middle of a college campus. While it may not be Madison, WI, Athens, GA or Dartmouth, NH the surrounding retail and services are predominatly not focused on the needs of families or older (30+) singles.

We already live in the neighborhood and love it. Yes this is an NYU area but there are more and more families choosing to live here. There are lots of great private and public schools including one of the best elementary schools in the city, PS 41. The area immediately surrounding Washington Sq Park is mostly NYU but once to get a block or two away (particularly north or east) the character changes quite a bit...

I agree with most of what's already been said. I'll add "IT'S ON 8TH STREET". Just like 69 5th is on 14th Street. If you want to live in the neighborhood for some convenience, it's one thing, but these two streets are very "un GV", unless you're thinking Bleecker Street party time GV. People complain about Coops and want to live in Condo's or "Cond-Ops" (the incorrect/broker definition of CondOp). But you see what it gets you? jifjif sees. last year 16k was asking $6800 - is the view worth the extra $? I don't know , but I think I wanred you elsewhere about trying to find decent 3 BRs in GV..

Yeah, I know its going to be a difficult task but I've got a couple of months to figure it out.

The 8th Street point is taken although I would argue that its exact location on 8th St is 100% better than almost any part of Bleecker...

"The 8th Street point is taken although I would argue that its exact location on 8th St is 100% better than almost any part of Bleecker..."

Not when you go west of 7th.... ;). but that wasn't my point: My point was 8th St is sort of like the major 2-way cross-town streets like 14tg, 23rd, etc. (but not quite as bad). But you've got good liquor stores in the immediate area. And the shoe places are almost all being replaced with eateries (though mostly fast food).

I really think 8 St b/w 5th and Univ. is a universe away from 14 or 23 streets. It has 1/20th the traffic and actually has decent stores for the most part and okay places to grab a quick bite. It's like a river delta where the fresh and salt water mix. It's NYU, wealth, touch of east village, young professionals, older rent controlled folk living in the converted coops. It's actually a pretty invigorating mix. 8th St. between 5th Ave and 6th Ave still sort of sucks and has something like 20 empty store fronts right now. We'll see how its transition goes with the shoe and head shop places moving out. But without question it is eons ahead of where it was just 6 years ago. Can't say the same for 14th or 23rd at all.

kylewest, you have something against Outback?

I know I'm biased, but I really don't think you can even compare 14th to 23rd, on the West side at least. (although they both have guitar stores).

30 - "Not when you go west of 7th...."

Agreed.

I am moving into the Georgetown in June. It appears to be a very nice building. Was not aware of any undo loud noise after 11 PM (though I did not do a huge inquiry). Depending on units the views seem extraordinary both to the North East and West. I guess sunsets are preferable to many to sunrise? But does afternoon sun create too much of a greenhouse effect? Sunrise can be very nice view too? The setback from 8th Street is enough to kill the noise, and Mercer and Greene are very subtle side streets.

Doesn't Jared Kushner live in 300 Mercer? I'm surprised someone of his wealth lives in that crappy rental building. It looks like something you would see in the old Soviet Union. Just looks plain awful.

And NYU kids are so annoying. Sick and tired of seeing ugly NYU girls everytime I'm in that area.

Seriously, re: NYU students, I find I really like what they bring to the mix in the neighborhood. Having lived on the north side of Washington Square for about 2 years in buildings on 5th Ave and side streets near University, I have to say there isn't remarkable noise, the kids aren't any more or less considerate than NYers in any other hood, and it is nice to see youth mixing with blue-haired ladies, professionals, upscale crowd, older rent-control crowd. Immediately south of the park is a totally different story and going there after dark is to subject oneself to complete college crowd in a not-so-fun way.

kyle I like your analysis of the neighborhood. Also thinking of buying in this bldg. for my daughter to live in and eventually myself.

"Seriously, re: NYU students, I find I really like what they bring to the mix in the neighborhood. Having lived on the north side of Washington Square for about 2 years in buildings on 5th Ave and side streets near University, I have to say there isn't remarkable noise, the kids aren't any more or less considerate than NYers in any other hood, and it is nice to see youth mixing with blue-haired ladies, professionals, upscale crowd, older rent-control crowd. Immediately south of the park is a totally different story and going there after dark is to subject oneself to complete college crowd in a not-so-fun way."

When you put it that way, I have to think about how much worse recent grads are when they sully forth to "hip" nightlife oriented neighborhoods by comparison.

The noise from Broadway even in the afternoon can be horrible. used to live on the 35th floor and had to close my kitchen window to have a decent conversation. I was in a two bedroom. Pool by now unless totally renovated is dumpy. I finally sold and went further west on 10th street. Can finally sleep at night.

The noise from Broadway even in the afternoon can be horrible. used to live on the 35th floor and had to close my kitchen window to have a decent conversation. I was in a two bedroom. Pool by now unless totally renovated is dumpy. I finally sold and went further west on 10th street. Can finally sleep at night.

The noise from Broadway even in the afternoon can be horrible. used to live on the 35th floor and had to close my kitchen window to have a decent conversation. I was in a two bedroom. Pool by now unless totally renovated is dumpy. I finally sold and went further west on 10th street. Can finally sleep at night.

The noise from Broadway even in the afternoon can be horrible. used to live on the 35th floor and had to close my kitchen window to have a decent conversation. I was in a two bedroom. Pool by now unless totally renovated is dumpy. I finally sold and went further west on 10th street. Can finally sleep at night.

Marsha, Curious if you are still a real estate broker?

https://streeteasy.com/talk/discussion/5282

I am asking as there are only 34 floors in the building - I am not a resident there.

What's the point of having sidewalk bridging around the building if they don't put any decking on it to actually protect pedestrians?