Baltic Tower

Does anyone have ANY opinion about this place nowadays? Looking to rent out a place, and perhaps this might be a good option?

Maybe the buyers are wisely keeping mum.

What's changed since it was commented upon at http://streeteasy.com/nyc/talk/discussion/4991-baltic-tower ?

What makes 5A worth $100M more than it went for in 2008?

NWT,
which buyers are you referring to? And how much exactly was the closing price on 5A last time around? I tried to look on ACRIS, but found very few records for this building, and only a couple of documents which indicated prices in the 350K range.

The 36 buyers who bought from the developer in 2009 and 2010. There haven't been any closed resales.

#5A was $397,000 and change. You might want to spring for SE's $10 per month, since you're looking to buy.

On ACRIS, search for Golden 9, LLC.

So would it be a safe assumption that people are generally satisfied with their purchases/living situations? At least since roughly 2009? According to the other old thread, the main complaints seemed to be about the neighborhood (but I know this block, and it's honestly not THAT bad) and build quality. Maybe these things might not be so terrible?

I wouldn't assume anything.

If that's the best you can get for however much money, and if you're gung-ho to buy, then go for it.

I'd be put off by things like the peel-and-stick house numbers, and getting rained on because there's no marquis over the front door. Then again, those are little, fixable things, and maybe the developer plowed money into substantive stuff we can't see.

Where do you hang a coat? There is only one closet in the whole place

Some of the ads allude to wardrobes by the same outfit that did the kitchen cabinets.

You can buy in lic for that price and get better yield.

Do you think some of the drawbacks you mention maybe are lessened by the idea that this will be a rental? (ie, shorter-term occupancy, and maybe by those who don't put so much emphasis on things that one would find more important in a purchase for themselves).

ggman,
I am not as familiar with LIC. Do you have any examples? Also, I still think this is a more desirable neighborhood, no?

Also, is the developer also Golden 9, LLC? How do I find out who the developer of a building was?

Right, Golden 9. It's in the offering plan. Some data is at http://offeringplan.datasearch.ag.ny.gov/REF/welcome.jsp

Also, the sponsor almost always keeps the commercial space, so you can see who's paying the taxes for that and track them down from there.