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Short term, high end rentals: where to look?

Started by ghati
over 15 years ago
Posts: 3
Member since: Apr 2010
Discussion about
Looking to rent/sublet during the renovation of our loft. Ideally in Soho/Tribeca area. Any idea which websites or other resources to look at? Thanks for your suggestions!
Response by ghati
over 15 years ago
Posts: 3
Member since: Apr 2010

Forgot to mention: Short-term = 3-5 months. High-end = $5K-$8K for a 2 bedroom.

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Response by romary
over 15 years ago
Posts: 443
Member since: Aug 2008

the one we are on. click on description includes and enter furnished and click on zip code and enter the zip for your preferred area. worked fine. vrbo is also a good resource.

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Response by rb345
over 15 years ago
Posts: 1273
Member since: Jun 2009

Feathered Nest used to specoalize in the. Sone LL and brokers also advertise in Craigslist. You might
also try reverse listing ... listing yourself on CL as someone looking for an apt.

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Response by front_porch
over 15 years ago
Posts: 5316
Member since: Mar 2008

I can get you something in 200 Chambers for July and August - prob a 3-BR for the high end of your range. Do you need it earlier?

ali r.
DG Neary Realty

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

Renting short term is the only time that renting makes sense. Anyone looking to actually live somewhere should be owning, otherwise you are beholden to others. In society, has anyone heard praise of a landlord?

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Is English your second or third language?

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Response by Dwayne_Pipe
over 15 years ago
Posts: 510
Member since: Jan 2009

"Anyone looking to actually live somewhere should be owning, otherwise you are beholden to others."

Except in Japan from 1990 - 2008 or so. Then, you would have been much, much, much better off renting. For 18 years. I.e., the time it takes to raise a kid to college age.

Or in Miami from 2005 to 2010. Maybe beyong; prices are still falling there. Or Las Vegas or Phoenix during the same time frame.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

English is one of my three languages, very insightful.
DwaynePipe, I have to admit an ignorance of the Asian markets.

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Response by Dwayne_Pipe
over 15 years ago
Posts: 510
Member since: Jan 2009

"DwaynePipe, I have to admit an ignorance of the Asian markets"

Aside to the SE community: Delete the phrase "of the Asian markets" and you've got the picture about what this self-interested realt-whore pumper is all about...

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

dwayne, i know we don't always agree, but hell yes.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

Dwaynepipe, I'm no realtor, that's not my family's position in New York. Can you really tell people that renting is the ideal solution for their family long term?

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Far better to lose everything than to rent.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

What are you talking about? Who is losing everything by buying a family home? Renting is a good short-term solution I agree, but it is not a long-term way to have a family. No one should be in over his head when buying.

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

What is your first language? Pig Latin?

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

Your simple minded insults are your own embarrassment. Latin is a language I learned decades ago, but I don't consider it a useful language for communication today, do you?

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Cheeseburger...cheeseburger...cheeseburger.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

Aha, well done.

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

you say renting is not a long-term way to have a family? tell that to the millions in NYC who do so. including us. and we are very high income. so go f yourself and your narrow little definitions of what works and what doesn't.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

You admit you are renting only temporarily, no?

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Emergency, emergency.

Please to get from street.

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

no, i don't admit any such thing. i may be renting for f'ng forever.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

I've never met a renter who felt at home. If you are the exception, then good for you and your family especially if you happen to have children who feel safe. I'm skeptical.

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

children who feel safe? wtf? we have lived in a rental for just about the same time as the average ownership period.

my child feels safe because she is safe. asshole.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

I'm a bit surprised at the language you use around your child. Is this only one or more than one? Or is this supposed child just a big joke?

Separately, what do you believe is this average ownership period? You said you've owned 4 homes, so there seems to be some shortcoming in your mathematics.

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Who else do we know that is concerned with language?

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

well, the average ownership period is seven years. and i have yes lived less than that in three of my purchases thankfully because i've made a boatload of money.

as to my language, fuck off.

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

oh, and dabulls, goodfuckingbye.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

You have a mouth on you don't you?

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

why yes i do.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

Use it wisely.

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Response by DaBulls
over 15 years ago
Posts: 261
Member since: Jun 2008

?

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

yes, you don't get it. go to sleep.

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Response by ghati
over 15 years ago
Posts: 3
Member since: Apr 2010

It is unfortunate that my well meaning question has gotten hijacked by juveniles. In any case, to bring it back to topic:
front_porch: I need something starting 7-10th of May or thereabouts. If you have something in 200 Chambers or elsewhere in the neighborhood, please post a reply.

romary: Thanks for the search tips!

rb345: reverse listing on Craigs List worked out poorly for me (lots of spam) but maybe there is some way to get a better outcome.

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Response by Dwayne_Pipe
over 15 years ago
Posts: 510
Member since: Jan 2009

"I'm no realtor, that's not my family's position in New York."

LOL. So you have family occupies a "position" in New York, does it? This reminds me of this very funny guy who called up a radio show pretending to be from a wealthy Iranian family...he was a real character. You, too. Do you know i've never known old money to brag on an anonymous message board about the "position" their family "occupies". Personally, I think the only "position" you have occupied came after some guy paid you $50 in an airport men's room...

"Can you really tell people that renting is the ideal solution for their family long term?" Define long term. Generally speaking, buying anything - a home, a car, industrial equipment - beats renting over the "long term" IF (pay attention now, son):

- You plan to own/use the item long enough that the friction costs of buying/selling do not outweigh the finance costs (in residential real estate, this is generally estimated at 6-8 yrs in NORMAL MARKET CONDITIONS)
- There's no cost of financing arbitrage (i.e., GE Capital has long a thriving equipment leasing business b/c it borrowed at a AAA cost of funds and leased to CCC+ rated lessees. I.e., even paying the middleman (lessor), it was still cheaper for the lessee to lease than to raise his own funds at T+450bps and buy it himself.)
- We're not in a market dislocation where the fair value of the asset you purchase will not decline 10% or more in the next couple of years.

The last bullet point is where we are now. And so YES, I would definitely advise a family in NYC to rent over the next 18 months until their is visibility on where interest rates are going, whether the artifical stimulus of substituing "G" for "C" can lead to sustainable GDP growth, and similar factors.

Sincerely,

Dwayne

p.s. You are either a starving broker or a sucker who bought at the peak. Either way, you wreak of someone who has a vested interest in convincing others to overpay for residential real estate.

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Response by Dwayne_Pipe
over 15 years ago
Posts: 510
Member since: Jan 2009

reek, not wreak. although, he is a bit of a wreck...

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