Advice needed: First time buyers

what's the asking price? $800k for a brand new 2 bed/2 bath condo seems like your pushing it. Is this the Platinum?

Asking $850, the financing feel through from the last purchaser since they are not FHA approved.

please note The-President is the resident village idiot on these boards.

if you don't mind telling, which building is it? Is it the Platinum? Because if it is, then $850k is a steal.

Sounds as if it's http://www.streeteasy.com/nyc/talk/discussion/2404-517-west-46th.

DWJCESQ, you must be OK with the location or you wouldn't have taken it this far. It's about as generic a building as you can get, but that's OK too. NYC's full of them from every era. The finishes don't matter, but you might find the skimpy dimensions bother you after a while.

We're young professionals - so this is a good starter unit for us, that still leaves us enough cash to also do a vacation place outside of the city. 10 years from now, who knows. As for the finishes, we'd replace the floor before we moved in.

CC, your being a little tough on the prez.
Lighten up, think about what life would be like without a foil.

The laminate might turn out to be fine. Not as if "has laminate floor" will be stamped on your forehead. As for buying now at all, or buying in that building, you've been looking for a while now and know what's out there.

Was just looking at the architects' site, and like that red cladding.

oh...el jefe knows how i feel about him...does get a little wearying from time to time. meanwhile, must admit i've never heard an individual refer to himself/herself as a yuppie...have mostly heard it used in a derogatory way---quite amusing.

Yeah, usually used as code by ... undiscerning journalists. After they've been in the city awhile they'll be more careful about self-reference.

Thx all...

Looking at the plan again, it's not all that skimpy. LR is 13' wide, one or even two wider than most new construction.