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Rachel Realty and the Upper West Side

Started by blint
over 16 years ago
Posts: 1
Member since: Sep 2009
Discussion about
I'm trying to figure out these guys and the apartments they rent are all so dilapidated. Is that just a fact of the Upper West Side? I think it is kind of depressing, I've lived downtown for many years.
Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

Dilapidated prewar does seem to be their niche.

It's not just a matter of one agency, though; far from it. The best pre-war buildings in the neighborhood were converted to coop many years ago, and the more recent wave of condo conversion has depleted the rental stock further. The few remaining great pre-war rentals, like the Belnord and Langham, fetch astronomical prices. If you just want something nice and clean, later construction is probably a better bet.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

a small nitpick.

i don't think that the best buildings were necessarily the ones that got converted. rather the buildings that got converted received multiple improvements over the years since conversion. rentals have suffered from minimal maintenance from old time landlords.

until recently, the dilipidated places still commanded high rents. wonder to what extent a gap will start to widen.

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Response by drdrd
over 16 years ago
Posts: 1905
Member since: Apr 2007

Why not give them a plug? The few places I looked at were charming, I thought, but then I LIKE old.

http://www.rachelrealtynyc.com/index.cfm?page=home

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Response by West81st
over 16 years ago
Posts: 5564
Member since: Jan 2008

columbiacounty: Not looking to hijack the thread, but I think most of the really great buildings were converted quite early. I would agree that the conversion order since the mid-70s has mostly reflected the circumstances and goals of various landlords rather than the inherent quality of the buildings.

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Response by pkgbklyn
over 16 years ago
Posts: 13
Member since: Mar 2008

The Berkley is still a great rental Co-op. Search 170 West 74th here on Street EZ. Reasonable prices doorman, prewar, well kept, and on 74th and Amsterdam. Really great place.

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Response by nyc10023
over 16 years ago
Posts: 7614
Member since: Nov 2008

Look into the Severn (NE corner of Amsterdam & 72nd). Huge apts, no fee landlord. Very large apts.

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Response by redrover921
over 16 years ago
Posts: 14
Member since: Dec 2008

"Look into the Severn (NE corner of Amsterdam & 72nd). Huge apts, no fee landlord. Very large apts"

Anyone know the correct address for this building? I found 765 Amsterdam on Google but no record on SE.

Any other recs for UWS nice prewar rental buildings?

TIA

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9878
Member since: Mar 2009

"I'm trying to figure out these guys and the apartments they rent are all so dilapidated. Is that just a fact of the Upper West Side? I think it is kind of depressing, I've lived downtown for many years."

Check the ownership on ACRIS: they may be renting a lot of units for one landlord, who is being consistent with their philosophy of not going the "luxury" route across all their properties. I know it certainly used to be that way with Sol Goldman.

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