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Pros & Cons of 995 Fifth Avenue

Started by Naro123
over 13 years ago
Posts: 4
Member since: Jul 2010
I was in this building the other day and I kinda felt a love hate relationship to it which I listed below... Does anybody else get the same feeling? Pros: - A unique Rosario Candela Design. - A hotelesq feeling upon enter the lobby. - Few apartments throughout the building. - Unbelievable views of Central Park & The Museum. - No need to redo the apartments as they were recently converted.... [more]
Response by NWT
over 13 years ago
Posts: 6643
Member since: Sep 2008

It's early Candela, and was completely gutted and reconfigured inside anyway, so nothing special there.

It's a land-lease co-op with condo rules. There're condos on Fifth, if you want one.

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Response by UWSFamily
over 13 years ago
Posts: 60
Member since: Apr 2010

Insane monthly maintenance due to the land-lease.

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Response by jsw363
over 13 years ago
Posts: 235
Member since: Dec 2008

The layouts are obviously very different from what Candela envisioned for these apartments. It's not really a "unique Rosario Candela design" if it doesn't resemble Candela layouts at all. The exterior is much closer to the original design, but most people with saavy will clearly realize the difference as soon as they step into the apartments.

And yes, the maintenance is insane (e.g., $4.20 per square foot for 7S) and it's a land lease building. I'm a bit surprised that Naro's commentary doesn't mention the Land-Lease as a "Con"--seems like a big omission. (I don't think that the ceilings are a "Con" as they appear to be 9ft.)

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