The building is a renovated school. looks like they used nice finishes and the spaces are gorgous...big windows, high ceilings, nice details, nice mix of old and new. Went on the Open House New York tour yesterday and I was surprised how lovely the surrounding streets are architecturally, close to landmark district of sugar hill as well. it's easy to get up there. area appears low in restaurants... [more]
The building is a renovated school. looks like they used nice finishes and the spaces are gorgous...big windows, high ceilings, nice details, nice mix of old and new.
Went on the Open House New York tour yesterday and I was surprised how lovely the surrounding streets are architecturally, close to landmark district of sugar hill as well. it's easy to get up there. area appears low in restaurants and no 'scene' to talk about probably...yet!
but having been in the city for a while I saw that many times change.
any oppinions on the future of this area? do you think it is a good investment to buy in that building? what about buying a 2 br and renting it out? does it make sense as an investment (about $750k) or do you think it is better to buy a shoebox for the same amount in downtown? same upside potential/or risk?
I am seriously considering and I am interested in your opinions.
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Response by Pawn_Harvester
over 14 years ago
Posts: 321
Member since: Jan 2009
North of 110th street should out perform. Not sure about this building - some new developments are selling for prices that are equivalent to Murray Hill, etc.
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Response by NYC_4me
over 14 years ago
Posts: 16
Member since: Jun 2008
thanks for your input. this is an exceptional building by any standards...did you mean north or south of 110th street?? usually the lower the more expensive...though in this area it seems to cluster around express stops and landmark buildings.
more opinions please...thanks.
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Response by Howard35
over 14 years ago
Posts: 122
Member since: Dec 2010
"North of 110th street should out perform..." should answer your question.
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Response by NYC_4me
over 14 years ago
Posts: 16
Member since: Jun 2008
so that means it's a good long term investment then... harlem in the 120s is an open secret. but 1 more stop on the express train...does anyone have opinion as to area ect?
I think the recent deal between Stanford University and City College will bring attention.any other pros and cons I should know about? thanks.
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Response by LookingGlass
over 14 years ago
Posts: 34
Member since: Dec 2010
As a faculty member at City College, the Stanford/CCNY "partnership" will have no significant long-term impact on the campus or the community. Stanford would merely rent some space for a few years in existing buildings (now under construction on the south side of campus) and recruit high-achieving undergraduates into their grad programs. If funded, the real "action" will be on Roosevelt Island. IMO, what you've been reading the past two weeks is part of Stanford's six-figure PR campaign to generate support for their proposal. I don't see NYC supporting a non NY-led partnership.So, IMO, Cornell, NYU and maybe Columbia have the inside track...hence all the cash Stanford is spending to promote their bogus "partnership".
Regarding the neighborhood, I've lived on 147 near Broadway and think it's a great place to live.
North of 110th street should out perform. Not sure about this building - some new developments are selling for prices that are equivalent to Murray Hill, etc.
thanks for your input. this is an exceptional building by any standards...did you mean north or south of 110th street?? usually the lower the more expensive...though in this area it seems to cluster around express stops and landmark buildings.
more opinions please...thanks.
"North of 110th street should out perform..." should answer your question.
so that means it's a good long term investment then... harlem in the 120s is an open secret. but 1 more stop on the express train...does anyone have opinion as to area ect?
I think the recent deal between Stanford University and City College will bring attention.any other pros and cons I should know about? thanks.
As a faculty member at City College, the Stanford/CCNY "partnership" will have no significant long-term impact on the campus or the community. Stanford would merely rent some space for a few years in existing buildings (now under construction on the south side of campus) and recruit high-achieving undergraduates into their grad programs. If funded, the real "action" will be on Roosevelt Island. IMO, what you've been reading the past two weeks is part of Stanford's six-figure PR campaign to generate support for their proposal. I don't see NYC supporting a non NY-led partnership.So, IMO, Cornell, NYU and maybe Columbia have the inside track...hence all the cash Stanford is spending to promote their bogus "partnership".
Regarding the neighborhood, I've lived on 147 near Broadway and think it's a great place to live.