Forest Hills Co-op
Started by lookinginqueens
over 15 years ago
Posts: 3
Member since: Aug 2010
Discussion about
I am in the market for a co-op. Just started looking and researching. I really like Forest Hills but found a forum in which basicaly people said that getting past a FH board was very difficult. Also, some people basically said that some fo the boards did not do their jobs. So basically I want to know if anyone here knows which buildings would be worth buying in FH?
If you buy a Sponsor Unsold Share you dont need board approval. My friend Mark Shulman is a Forest Hills broker who works for a major sponsor and might have something you like. His office # is 718-896-9600.
You might also look into the Howard Condominium at 99-32, 99-52 and 99-72 66th Road, just north of
Queens Boulevard. The residential units are externally a Conminium but structured internally as a Coop.
The Howard's director, though, dont presently have the right to approve or disapporve buyers. I own there and will be happy to refer you tot he managing agent if you want to consider an apartment there.
The Howard consists of 498 units organized into three part-time doorman building so there should be at
least a few units ont he market right now.
I used to live in a co-op in FH, I was told in my former building the approval process is quite easy. My building's address is 111-35 75th Ave. The good thing about that building is it is right around the corner from the F train. The bad things are: 1) fire dept right across the street, really noisy, 2) the walls and floors are thin, so you hear your neighbors TV noise around you and from upstairs, 3) the building has the old feel. I think points 2 and 3 apply to most FH buildings. There is a nice looking condo on Queens Blvd and 75th Ave. called Pinnacle. You might want to check that out and compare it to other co-ops near by.
I don't work Queens -- I refer my clients to Linda Carlo at Terrace Realty who I like -- but I think that rumors of getting past an FH board are somewhat exaggerated. The last poster here who was turned down was a retiree who was somehow surprised that his 401(k) assets didn't count as strongly as current income. If you have a decent current income and good reference letters, you shouldn't have any problems.
ali r.
DG Neary Realty
Thanks to all! That makes me feel a better about continuing my search.
:)