Sale at 109 Spring Street #4FLR

w67thstreet: "...The live/work (JLWQA) apartment is currently configured as..." Please note JLWQA = "Joint Living-Work Quarters for Artists," meaning you have to be an approved artist by the AIR (Artist in Residence) Board in order to get a mortgage, purchase and live in this space. If you do not have city certification as an artist, you will be legally prevented from purchasing and living in this unit by both the co-op AND the City. The entire point of AIR/JLWQA status is precisely to keep these SoHo lofts at prices FAR below what they normally would sell for in normal situations, in order to encourage artists who could not otherwise afford to live/work in the area.

In case you haven't been aware of recent issues surrounding JLWQA real estate in SoHo and how the City has been tightening regulations, here's a recent NY Times link -

http://www.nytimes.com/2010/11/12/nyregion/12soho.html?_r=1&scp=1&sq=soho&st=cse

400 psf prime east side.

http://streeteasy.com/nyc/sale/563062-coop-301-east-63rd-street-lenox-hill-new-york

Prime UWS 400/sf

http://streeteasy.com/nyc/sale/495828-coop-331-west-89th-street-upper-west-side-new-york

Spin - that wholeEast 63rd street building seems to be maintenance $ challenged, severely affecting price.

Spin - come on - the UWS listing has a rent stabilized tenant in place!!!

I seek to poke lemmings. :) Thnks for responding.

doesn't it hurt when irony isn't noticed?

but have a look at this spin. not prime location, but the 99 recorded sales (with quite a lot of them occurring in the 2004-2006 time period, which would be a drag on the average) in the building have an average ppsf of $696.

http://streeteasy.com/nyc/sale/567950-coop-3-hanover-square-financial-district-new-york

phuck 41, what the hell are you doing down here?

Sometimes it takes time ar, ref phorty41

I like that one A. As long as you can get in and out before bad things happen to the new phallic freedom monument.

yes, there is that. what's life if one refuses to embrace risk?

Why so hostile Spin?

Oh Lordy. Ph41. That was humorous. Your response was 'scary'.