Sale at 161 West 61st Street #6C

All of the Fordham construction for next 20 years will leave the building without adequate light, no views, and no peace. The Amsterdam House on the West side is also a low income housing (see link to story about drug raids below) Given the high monthly fee & taxes, the listing prices in the Alfred seem high and a risky investment for years to come. Low 700s should be the right price handle,... [more]

All of the Fordham construction for next 20 years will leave the building without adequate light, no views, and no peace. The Amsterdam House on the West side is also a low income housing (see link to story about drug raids below) Given the high monthly fee & taxes, the listing prices in the Alfred seem high and a risky investment for years to come. Low 700s should be the right price handle, at 800s it is an immediate loss of 100k+ in equity! Does anyone have any experience with the building and it's management....ability to rent at a competitive, with all of the listings around? http://www.fordham.edu/fordhamuplans/images/Boards%20for%20City%20Council%20Hearing%20May%2012%202009.pdf http://www.nydailynews.com/news/crime/28-arrests-sweeping-drug-raids-rival-crews-amsterdam-houses-article-1.176542 [less]