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Sale at 5 Riverside Drive #16E

Started by NWT
over 14 years ago
Posts: 6643
Member since: Sep 2008
Discussion about 5 Riverside Drive #16E
Response by Bill7284
over 14 years ago
Posts: 631
Member since: Feb 2009

OK, so she got it for $417,000 and for that building and location she did well. Still it looks like a studio with a wall, but for one person I am sure it works. Two other things. First, she told the agent she wanted that area specifically within one block with charm. So the agent takes her downtown??? Then to pour salt on a wound the agent took to Schwab House. I noticed in the add it stated "no Pied a Terres". When I see that I wonder what transgressed in that building in the past? There are buildings that are adament and I wonder what happened, although I am sure we could just about imagine.

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Response by bramstar
over 14 years ago
Posts: 1909
Member since: May 2008

It would drive me nuts to be on RSD in an east facing apartment...

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Response by NWT
over 14 years ago
Posts: 6643
Member since: Sep 2008

Right, it was built as a studio. It sold for $12,600, with $116 maintenance, in 1968 when the building went co-op.

Funny she didn't want to live in Schwab House, but doesn't mind looking across the street at it.

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Response by Bill7284
over 14 years ago
Posts: 631
Member since: Feb 2009

NWT, she is facing the back facing east, no Schwab view or river for that matter. I am sure in 1968 whoever bought it had to deal with friends stating, "Who would pay that for an apartment"? I should know, when my inside price was $25,000 for a one bedroom with terrace, I got alot of negative feedback, Of course Time does two things, it marches on and tells.

Bramstar, I agree, if I had to face the bitter wind in the winter eating my face on my way home, I would have to justify it with at least a river view.

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Response by NWT
over 14 years ago
Posts: 6643
Member since: Sep 2008

The corner window in the bedroom faces east and north to Schwab House. The other BR window faces north to Schwab House. The remaining windows face east over townhouses to 277 WEA.

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Response by julia
over 14 years ago
Posts: 2841
Member since: Feb 2007

$1200 maintenance for a studio is high.

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Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010

Would you rather live in a beautiful building, or face one?

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Response by Bill7284
over 14 years ago
Posts: 631
Member since: Feb 2009

NWT, you are right and to that view I say EWWWWWW!
Did anyone ever see a photo of the estate that was on the site where Schwab House is? I will try to find it. What a place. It was razed post war and I am sure when the new sturcture went up it did little for morale in that hood.

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Response by Bill7284
over 14 years ago
Posts: 631
Member since: Feb 2009

http://blog.bondno9.com/

Found it. The estate was built by a magnate named Schwab. Duh. I learn something new every day.

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Response by falcogold1
over 14 years ago
Posts: 4159
Member since: Sep 2008

Great building at a great location.

All this place needs is the smell of a litter box.

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Response by NWT
over 14 years ago
Posts: 6643
Member since: Sep 2008
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Response by NWT
over 14 years ago
Posts: 6643
Member since: Sep 2008

Never mind those, here's the full set: http://nyc-architecture.com/GON/GON032.htm

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Response by Bill7284
over 14 years ago
Posts: 631
Member since: Feb 2009

"It was eventually torn down and replaced by a drab apartment block". Love it!!!

Thanks NWT, First I posted the wrong thing and then my internet went out. What I had attempted to post pales in comparison to your rendering. I will save this. Thanks again.

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Response by falcogold1
over 14 years ago
Posts: 4159
Member since: Sep 2008

SNAPS to NWT

Loved the photos and info!

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Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010

snaps?

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