building at 25 West 54th Street

I've always liked this building. It seems priced accrodingly. The 1BR's seem to have small kitchens and thoes that don't have a view are another issue. Below is a listing from three years ago that I thought was unique, although priced too high for all the work that needed to be done. It could be an amazing place.

http://streeteasy.com/nyc/sale/179168-coop-25-west-54th-street-midtown-new-york

You should check the Streeteasy listing for penthouse apartment PH12B. We completely gutted the apt adding exquisite bathrooms, central air(with a heating element), and lovely kitchen with beautiful cherrywood cabinets, quartz counter and island, and top of the line appliances. This apt is flooded with light on even the foggiest days, and “drop dead” quiet. The staff is truly amazing delivering the mail, dry cleaning and packaged to your apt. The apt was owned by Aldo Gucci and was thoughtfully renovated to incorporate some of Mr. Gucci’s original design ideas.

You lost me with the cherrywood cabs.

The earlier question is a little dated at this point, but the prices seem to be reasonable. I understand that the real estate market is in unchartered waters at the moment because of Covid, but even before these prices seem good for a building in that area. For a building in any area, for that matter. Maint perhaps a bit high, some kitchens and bedrooms tiny. Is there something not being said about this building that "insiders" know? Landlease, garbage dump being built next door, cash only allowed? I'm being a bit glib, but hopefully you get what I'm driving at! Thanks.

Maintenance is high so the carrying cost is high. $2000 for a real 1 bed.
Also the location is convenient but a bit too commercial for some people.

Tourist central in normal times.

Yeah now I remembered that I've been to the building once. It's in the middle of office buildings and stores. Not for someone who's looking for a neighborhood.

More importantly, how long does the board take to approve or deny?