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East River Tower

Started by freezer
over 14 years ago
Posts: 92
Member since: Sep 2009
Discussion about
whats the latest news with this place??
Response by helphome
about 14 years ago
Posts: 110
Member since: Feb 2011

it looks to me that they r down to their last 12 units....have u seen these units?

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Response by boostin1004
about 14 years ago
Posts: 1
Member since: Sep 2011

i went to see the ert today and was surprised how nice the build was. the views are great as well. the only kicker to this place is the maintenance. it's pretty high and i hear closing costs on this place are also very high.

also an fyi, i think half the reasons to move into these towers is for the view. i believe you're going to have to be above the 8th floor to get any of those views.

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Response by helphome
about 14 years ago
Posts: 110
Member since: Feb 2011

7th floor is decent views ...but con now w the cc's....r they joking. i loved the units but would not be happy aping almost an era 1000k a month for a doorman??? f that. monthly costs r lower on a more expensive condo in a building in lic. too bad ....if they would chop 100k off the asking then maybe.

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Response by helphome
about 14 years ago
Posts: 110
Member since: Feb 2011

nice spelling. broken keys on my mac...

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Response by globetrotter
about 14 years ago
Posts: 39
Member since: Jul 2009

Help home

I bought at East River Tower and I am VERY satisfied. The common charge for a one bedroom are less than $ 500 a month ( $440 to $480). The building has tone of cameras from the doorman desk. I feel ultra safe as a female. I have looked for at least 24 months to buy both in Manhattan and LIC/Astoria area. I have not found anything comparable. The views of the Manhattan skyline(from 30th street to the 90s in the upper east side) is amazing even below the 8th floor. The finishes are amazing: I have not found any building with deep tub jacuzzi ). There are only 5 units max per floor. By the way there are not too many units left below the 8th floor because these were the cheapest units. Thus building is another 2008 crash casualty. During the summer, I have views of the tree line from the park. Where can you find a one bedroom in a building with an indoor parking , 24 hours doorman and gym for less than 400 thousands. Of course it is not as gentrified as LIC adn you are not close to the subway. I still manage to take a bus located at the corner of the street and a 4 minutes F line ride to be at my work on 60th and LEX in 20 minutes from the condo. The condo charge are slightly higher because there are around 75 units and a doorman around the clock. By the way the superintendant is excellent and very handy. By the way I am a condo buyer and not a real estate agent.

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Response by craberry
about 14 years ago
Posts: 104
Member since: Feb 2009

i put in an offer for an apt, they aren't moving much from their offer prices. i'll just wait for them to go bankrupt.

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Response by globetrotter
about 14 years ago
Posts: 39
Member since: Jul 2009

craberry

I doubt they will go bankrupt. They have sold around 50 % of their units in 9 months. They will probably rent some of their units or lower the price prior going bankrupt. I doubt they would have recently add the gym equipment if they would be so desperate for money...

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Response by 10016
almost 14 years ago
Posts: 12
Member since: Nov 2011

globetrotter, it's pretty obvious that you work for them.

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Response by globetrotter
over 13 years ago
Posts: 39
Member since: Jul 2009

10016, false statement on your part!!!!! It does not mean that if a new tenant has a good experience= working for the developer. It is normal that you are suspicious but on this one it is not true. Sorry. On the side, I have noticed in the discussion's comments that a lot of people want individuals who can afford to move to a new building to have bad experience, especially if they can't afford to buy for themselves. It is unfortunately a dark side aspect of human nature.

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Response by globetrotter
over 13 years ago
Posts: 39
Member since: Jul 2009

10016 Look at the thread for 88 Morningside . I wrote my comments on it 13 months ago because I was planning to buy there awaiting a job offer. These two developments are from two different builders and real estate agency vendors. It would make no sense to comments positively on both.

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