live work building?
Started by mryanpt
over 14 years ago
Posts: 2
Member since: Mar 2011
Discussion about 176 Broadway in Financial District
I heard this is a live work building, what exactly does that mean?
Why is the price seem low for the area? Any issues with the coop/ building?
As with so many FiDi office buildings turned residential, light and windows are few. Biggest problem with 176 is that it has what is called 1 pipe heat/AC which means you can have 1 or the other but not both. As we all know, there are times in New York in the winter when you need AC. I have mine on as I type. Tonight I may want heat; the point is I have the option and at selling prices in the $1500/SF range I should have that option. This is also a really bad stretch of Broadway.
"at selling prices in the $1500/SF range"
Uhh, selling prices are about half of that.
This is a pretty crappy building with somewhat high maintenance that comes with few amenities. Prices for units are somewhat low as a result.
anyone dealt with the coop board in this building? how easy is it to add another bathroom (as mentioned in the listing).
"I heard this is a live work building, what exactly does that mean?"
That means if you consider a home / office environment, you're more likely to be audited by the IRS, even more so because you're making over $1M/year.
Seems to be a pretty easy-going board. In 2010 #8F sold to the guy AKA CyberPimp who got arrested this week for running a hooker site: http://nyti.ms/1PxiaRt
Must be a pretty easy-going board. In 2010 #8F sold to the AKA CyberPimp who just got arrested for running a hooker site: http://nyti.ms/1PxiaRt