Trump World Tower vs. Beekman Regent
Started by multicityresident
over 14 years ago
Posts: 2431
Member since: Jan 2009
Discussion about
I need to relocate to midtown east and am looking for any insight on the two buildings above for rental. Many thanks for any thoughts.
Do you have a dog? That makes it an easy decision, because TWT won't allow you to bring it as a renter.
ali r.
DG Neary Realty
the floorplans and finishes at tbe beekman regent are far better. higher celings too.
Beekman Regent in my opinion is the most gorgeous building in all of midtown east. The apartments were created with such thorough detail and class that there is no comparison anywhere in MIDTOWN EAST.
Helpful everyone - thank you.
Does anyone know if 310 E 53rd allows dogs for renters? Beekman Regent was not what I would have expected from the posts; wildly overpriced for 2/2.5 that I saw. Also the lease appears to be disturbingly skewed in landlord's favor beyond what I encountered in other leases. Judging from the number of international individuals that I saw in the building (British, Middle Eastern, Eastern European), I am guessing that the building caters to a clientele that does not worry about getting the best or even a fair deal. I generally like for anyone I do business with to value me, but not to the point of being a doormat. The wildly slanted lease and absurd asking price for what I saw caused me to lose all interest in the building such that I did not even want to start a negotiation. Any other recommendations for buildings in midtown east appreciated.
Multicityresident, there a are a variety of buildings to consider in Midtown East. How big is your dog? What is your budget?
Two dogs; 15 lbs each. Budget 8-10k. Would go up to 12 for something really fabulous; thought Beekman Regent might be it given asking price, but was disappointed. Agree that the finishes were fabulous, but saw a unit in the Veneto that had lovely modern finishes (admittedly not silver plated like Beekman Regent's) that would work for me. Only problem with Veneto is that the block is busier than I would like; I like the quiet of the upper east side; in midtown east of 2nd avenue gives me enough quiet, so ideally I'd like to find a building in midtown east of 2nd Avenue that would welcome two small dogs.
What is your move-in date, and how flexible are you? I might know of something that might be interesting to you. (I'm not a broker, just happen to know of something pretty nice that would perhaps fit the bill.)
Multicity - I lived in RiverTower - 420 East 54th street and the building will take two dogs. I found it very pet friendly. I also think they have the greatest staff - concierge, doorman, porters - terrific folks. You can rent from them directly as well:
http://www.equityapartments.com/new-york/new-york-city-apartments/midtown-east-sutton-place/rivertower-apartments.aspx
Would like to move between April 1-April 15, but flexible for March 15-31 move-in for right unit. If I cannot move during that four-week period, I will have to move out of current place, put my stuff in storage and won't be able to deal with finding a new place until June. My living space is extremely important to me so I am always flexible on both price and move-in date for a place that moves me.
Btw - inonada, thank you for your always informative and professional posts. I am not on SE very often, but whenever I need some information, I really value your posts, as I do those of front_porch and KeithB. Accordingly, I would give any suggestion you made serious and immediate consideration.
Excellent, that timeframe should be fine for what I have in mind. Send me an email at myloginname_se@yahoo.com, but replace "myloginname" with "inonada". I'll send you the link along with info I have on the place.
Done. Again, very interested in reviewing anything you pass along.
Not a fan of Trump World Towers, yet I have virtually no awareness of Beekman, so at the end of the day, you have one building which fails to impress and one that fails to gets its name out(at least from my vantage point)
>and one that fails to gets its name out(at least from my vantage point)
So?
Midageguy - Thank you for River Tower rec; looks promising and I will check out when I am back in New York.
Inonada - Outstanding rec; thank you, and I will review when I am back in New York if still available.
Riversider - I do not think Beekman is concerned about getting its name out; the building appeared to pride itself on its international clientele and the fact that the British consulate rents some portion of the building (apparently members of the Royal Family have stayed there while visiting New York). As noted by Mr. Hones and bsolomon, the building and its finishes are lovely. Upon viewing the unit, I said I had seen enough and was prepared to leave; the building representative jumped in and said that the price was negotiable, but I found the lease and the asking price to be such an overreach to me personally that I knew it was not the right fit for me.
What lease terms at the Beekman could have been so far off the mark compared to other luxury building leases in Manhattan?
Huntersburg - I'd rather not answer your question for fear of being mocked and ridiculed by the community. I am relatively new to NY real estate world, and I do not have experience with luxury building leases in Manhattan, so what I saw might be standard. Let's just say that I am originally from the midwest and leave it at that.
Despite being a New Yorker, I don't always assume that people from the midwest are idiots. At least I reserve the right to form an opinion until after I hear their accent or the speed at which they speak.
All kidding aside, I'm not sure why your opinion on a lease would be mocked ... but you might learn that something is standard or non-issue. You also might learn that there are CERTAIN provisions in condo leases, for example, that can be crossed out without issue. You might also learn that there's a lot of nonsense in a standard rental building lease that seems to have teeth but actually doesn't.
I suppose if you don't want to reveal it, then at least you can compare the Beekman lease form with the lease form in the other buildings you are visiting and then update your preliminary conclusions.
Huntersburg - I realized that my experience with my current landlord is likely clouding any preliminary reaction I have to any prospective landlord; as an attorney, I am well aware of what can be gained through negotiation and what provisions in a lease are enforceable and which are not. With respect to the Beekman Regent, in any negotiation where competition for the object of the negotiation is stiff, I am of the school of thought that initial offers should not be so absurd as to offend the other party. Beekman Regent's asking price of $15750 offended me; I imagine my valuation of the unit at $8500 would offend them; accordingly, no point even proceeding with crossing out or clarifying questionable lease provisions at that point, mostly because their unit was not the best I had seen among lower priced units. However, if Beekman unit remains on the market as I continue my search (my preferred unit, offered for $8250 at 310 E53rd, already had application pending when I went to view it at the end of last week), no harm in going back and offering $8500 for it, because it is a lovely unit and certainly worth $8500. If Beekman Regent can get anything close to $15750 for it in the interim, more power to them.
So with all that awareness and knowledge, how is it that you imagined you'd be ridiculed by people on SE regarding lease provisions that were egregioius and you knew could likely be removed?
Something's missing. We all get the price issue, but this - "Also the lease appears to be disturbingly skewed in landlord's favor beyond what I encountered in other leases." - remains unexplained, and since you've come on here on SE asking for advice on buildings, etc., it seems like maybe you'd want to help out the rest of us regarding these provisions given that you are a lawyer and that you know what can be negotiated and removed.
I do not believe it is appopriate to provide legal advice anonymously over the Internet. Bar associations not only frown upon such conduct, but have been known to prosecute it under "unauthorized practice of law" statutes. Were I a lay person, I might share my lay person sense of the lease, but given that I am a lawyer, I cannot share my opinion in this forum.
Ok
Multicity, check out 401 East 60th. Very nice building. Large 2 bedrooms. I believe one is available for $7995. Reduced about 2 weeks ago.
bsolomon - Thank you for the suggestion. Looks like a lovey unit, but if I am picturing location right, I don't love it for walks with the dogs. In this process, I have discovered that I absolutely love the 400 block of 51st street and will be scrutinizing all Beekman inventory (east of 1st ave between Mitchell Place and 51st) when I am back in New York.
Multicityresident, Figured it was worth taking a look at. Best of luck with the search. Feel free to reach out anytime.
multicityresident, i find it hard to believe that you have the readies to pay for such an apartment if you are such a FUCKING PUSSY that you allow your landlord (as indicated in anotehr thread) to abuse you in such a manner. how in the world have you had enough success in your life to be able to rent such an expensive apartment if you are unable to handle your affairs?
Mr. Hones - Your posts make me smile whenever I encounter them; you remind me of one of my favorite former colleagues. I do not know what the secret to my success is, but I would like to think that being a genuinely decent person factors in there somewhere. :-)
Hey look columbiacounty I brought back my Jim Hones character today and last evening I brought back my Lucille character. Now I can de-emphasize the other names, right?
bsolomon - just noticed your post from earlier. While 401 E. 60th not the right fit for me b/c of quirky dog issues, I do appreciate the suggestion and the invitation to reach out. Thank you.