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Lincoln Towers (Lincoln Center area -UWS)

Started by EB124
over 12 years ago
Posts: 46
Member since: Feb 2008
Discussion about
Considering purchasing in one of the building. Prices seems low for that area. Reason being? Any experience? Any knoweldge?
Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

Always been that way. Large complex, lots of units, no washer dryers in the apartments. Decent apartments but not built as well as the newer condos in the area. Seems well run for what it is.

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Response by NWT
over 12 years ago
Posts: 6643
Member since: Sep 2008

I wouldn't say they weren't built as well. They just look sort of old and project-y. Good room sizes and layouts, and lots of light and air, but they don't have the temporary surface gloss that something like, say, 200 WEA has. Depends on how much more you want to pay elsewhere for 10 or 20 years of shiny-and-new.

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Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

Not well built is in referencing to the electrical wiring which won't support in apt washer/dryers, smaller windows, drafts that enter through the in-wall a/c, shorter ceiling heights, and outdoor terraces that have needed repairing. also the buildings don't have the most modern or efficient heating systems.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

So...you assume that newly built buildings won't require repairs in the next 50 yrs?

Smaller windows are a sign of not being well built?

Eight foot ceilings are a sign of not being well built?

Stick to the price of cream cheese.

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Response by dollar
over 12 years ago
Posts: 52
Member since: Apr 2012

Also, quite a trek to the subway. The sort of secondary/subconscious issues: the stock above 72nd (The UWS proper?) is fabulous while this area somehow does not feel like UWS. NWT is right that the look is project lite. The ceilings are lower, and the windows are smaller, and the security guards on the perimeter are aquired taste...

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Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

Lincoln towers is a project, developed in the 1960's by Webb & Knapp Inc. with assistance from the Title 1 program of the Federal Housing Act of 1949. The Title 1 funding was in exchange for assurances that the project would house middle class renters.

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Response by columbiacounty
over 12 years ago
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Member since: Jan 2009

and that means inferior construction?

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

How does 1960s construction stack up compared to that of other decades?

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Response by realestate19
over 12 years ago
Posts: 114
Member since: Jan 2011

Super ugly buildings, kind of out of the way, mostly old people in buildings. But I was recently inside a Lincoln Towers apt. on a high floor and the views were exceptional. And broadway in that area is pretty nice. You could get a good bargain there.

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Response by lovetocook
over 12 years ago
Posts: 171
Member since: Sep 2010

The buildings may be ugly but it's definitely not a trek. It's .2 to .3 mile to the subway or about one avenue. Hardly a trek unless you are old. One entrance is on 71st Street. Also, since most of the stock in the area are prewar there's obviously no comparison. However, if you don't have the funds to buy a prewar or a new building Lincoln Towers is the way to go since you get a bigger apartment for money. Yes there are old people but just as many young people moving in as the apartments are sold.

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Response by pier45
over 12 years ago
Posts: 379
Member since: May 2009

To dollar's point about the security guards it seems like an expense a few decades past its time. It baffles me when you see ads saying "33 guard security force."

Are they kept working only to prevent reduction of services to rent controlled folks, and if so are they being only funded by the sponsor or by all sharedholders?

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Response by lovetocook
over 12 years ago
Posts: 171
Member since: Sep 2010

If you look at the placement of the guards, they are basically where the parking is to prevent unauthorized cars from going in and parking in spots that belong to shareholders. Also, they direct movers on where to park. There is a two acre playground in the back of 185 that is only available to owners to LT and guest. The playground includes sitting areas, basketball courts and playground equipment for children. They are there to make sure only authorized people are using it as it's not open to the general public. There are also guards between 200 WEA and LT to make sure nonresident cars are not using the street as a shortcut through the complex to get from Amsterdam to WEA. I believe that is what the guides are doing. Just general obversations.

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Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

How does 1960s construction stack up compared to that of other decades?

--
In the 60's and 70's it was considered inferior to pre-war construction.
I would say high rise residential construction has improved of late, and unless you are dealing with a builder looking to cut corners todays' buildings are designed to take advantage of newer technologies, are better insulated and compare favorably .

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Response by Aael921
over 12 years ago
Posts: 131
Member since: Jan 2013

It's a nice atmosphere for a very young family if you don't mind the lack of charm and very boxy layout with no foyer or entry at all, low ceilings, 60's construction, etc. No one buys there for its beauty, but prices are as high as they are (and not lower) largely because of the zoning for PS199. It feels a bit outside UWS proper to many as said above, though the area now has more services nearby than it used to with the ever increasing new condos nearby.

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Response by RealEstateNY
over 12 years ago
Posts: 772
Member since: Aug 2009

The good thing about 1950's and 60's construction is the size of the rooms and closets. 600 sqft studios, 900 sqft one bedrooms and 1200 sqft 2 bds are common. Everything began to shrink in the 1970's. Lincoln Towers is similar to Parkwest Village on CPW in the 90's in terms of construction, public pace and parking.

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Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

When I moved to Manhattan many of the maps had the Wes Side starting around 72nd street calling the area below it Lincoln Square. I agree with the post that Lincoln Square doesn't feel West Side, but the people are nice, it's clean, there are trees and grass, all in all not too shabby.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

So...is it well built or not?

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Were there towers built in C0lumbia C0unty in the 1960s?

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Response by EB124
over 12 years ago
Posts: 46
Member since: Feb 2008

Did any one own in Lincoln Tower? How is the board?

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Response by Guywithcat
over 12 years ago
Posts: 329
Member since: Apr 2011

The boards are very difficult but also run tight ships. I lived in 140 WEA. They were not crazy (like many boards) when I was there, but they were very, very tough. They tend to be more restrictive on what kind of loans they will allow, and they will look carefully at your board package. When I sold, they turned down my first buyer even though he was qualified - so we thought. Overall it is a nice place to live. Despite what others have said about security guards, I found it nice to see a guard there when I might come home late at night and there were no people around. The buildings have some private grounds and there is some sense of community. The discussion here about whether the construction is as good as it is in the 70s or whatever seems off message. In these buildings things all work very well and the ships run smoothly, as least that was my experience. I did not hear my neighbors make noise which was a good thing as that's a common problem in NYC. The biggest reasons to not live there are 1) can you get through a live with a difficult and meddlesome board 2) can you stand the generally vanilla box style of apartments 3) do you mind living in a place that looks like the projects with unattractive buildings. If these are not issues, it is worth looking at. It is a great way to get into the UWS in a good school district, with a more-or-less full service building, for around 15% less than it would cost anywhere else. The cost factor is always appealing there.

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Response by lovetocook
over 12 years ago
Posts: 171
Member since: Sep 2010

I live in one of the buildings and found the board to be very easy and opposite of Guywithcat. We only met with one board member who basically asked us one or two questions and wanted to know if there was anything about the building that we would like to know. It was just a friendly chat. I think that if your financials are ok meeting with the board member was just a formality. In my first co op we met with the entire board. Here it was just one board member. As for financing we went with a 30 year fixed but when the rates got really low, we refinanced with a 5/1 ARM and just filled out a few forms and that was it.

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Response by lovetocook
over 12 years ago
Posts: 171
Member since: Sep 2010

Also getting renovation approval was no big deal. We gutted kitchen, built some closets, redid floors, and other things. Did a hand drawing of the changes, submitted the proper forms and got approval two days later. Really quick.

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Response by pier45
over 12 years ago
Posts: 379
Member since: May 2009

The board discussion probably has to be more specific by building. This is an interesting example though of how buildings 'cut from the same cloth' can lead to different experiences.

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Response by streetsmart
over 12 years ago
Posts: 883
Member since: Apr 2009

I believe Lincoln Towers was built as middle class housing.

That said it's a solid investment, but if you can afford something else, go for it.

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Response by West34
over 12 years ago
Posts: 1040
Member since: Mar 2009

I looked at some places in LT. LOVED some of the big Jr 4 layouts. Hated the ceiling height. Some views were ok, some not so much. Some odd smells in hallways but I guess you can find that anywhere.

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Response by ph41
over 12 years ago
Posts: 3390
Member since: Feb 2008

Are the ceilings lower than a standard 8'?

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Response by NWT
over 12 years ago
Posts: 6643
Member since: Sep 2008

They look like 8'. In kitchen photos, 36" base cabinets + 18" + 42" upper cabinets. Doorways are the standard 6'8" tall, with what looks like 1'4" above them to the ceiling.

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Response by ph41
over 12 years ago
Posts: 3390
Member since: Feb 2008

Guess 9'(?) ceilings in a tiny 10' pre-war bedroom are preferable.

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Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

The lower ceilings and smaller closets are something to expect from building's of this era.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

wait...according to penthouse lady, 8 ft ceilings are standard.

so...are the ceilings a standard height?

is the construction ok?

tell us.

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Response by NWT
over 12 years ago
Posts: 6643
Member since: Sep 2008

8' was standard for their period, and for others too. Higher'd be better, I guess, but they'd be a waste according to that mid-century-modern way of looking at things.

I saw a two-bedroom (http://www.lincolntowers.com/floorplan_images/floor_plan_185w_C_2Br.jpg) many years ago, with the original tenant's 1950-something furniture and flokati(?) rugs, and thought it was great. Didn't get to poke into the closets, but the plan shows there're lots of big ones.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

these are great buildings. a lot of value. that's the whole point. plain and simple.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

OP, how can you go wrong? this complex has been endorsed by both C0lumbia C0unty and PenthouseLady, the board smartly gives a hard time to Catguy, Aboutready isn't suing, and 300_Mercer isn't one of the deadbeat shareholders.

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Response by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009

It's actually a good place to live, all things considered.

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Response by columbiacounty
over 12 years ago
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wait...is this despite your claim of inferior construction?

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Response by columbiacounty
over 12 years ago
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Riversider
4 days ago
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Not well built is in referencing to the electrical wiring which won't support in apt washer/dryers, smaller windows, drafts that enter through the in-wall a/c, shorter ceiling heights, and outdoor terraces that have needed repairing. also the buildings don't have the most modern or efficient heating systems.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

c0lumbiac0unty, if you move back to NYC, would you live there?

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Response by columbiacounty
over 12 years ago
Posts: 12708
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Where do you live?

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Response by fieldschester
over 12 years ago
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Member since: Jul 2013

Isn't it obvious?

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Response by columbiacounty
over 12 years ago
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No...why don't you tell us?

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Response by fieldschester
over 12 years ago
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Member since: Jul 2013

I give you more credit than that C0C0.

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Response by columbiacounty
over 12 years ago
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That's where you live?

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Response by fieldschester
over 12 years ago
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Member since: Jul 2013

Now you aren't even making sense C0C0.

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Response by columbiacounty
over 12 years ago
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Member since: Jan 2009

Lets try again.

Where do you live?

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Isn't it obvious?

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

Why are you so lonely?

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Lonely for you C0C0!

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Response by columbiacounty
over 12 years ago
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That's so sad.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

You are probably right.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

Do you have any income?

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Is that what it takes to get you interested?

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

So..no income.

Net worth?

Meaningful investments?

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Just tell me what it will take to get you.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

No friends.

No money

And you're physically deformed.

No wonder you hang out here endlessly.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

So you don't associate with people who have physical handicaps?

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Response by columbiacounty
over 12 years ago
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Member since: Jan 2009

More make believe.

Do what you have to do.

It's understandable.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Your mama should have taught you to treat people with respect.

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Response by columbiacounty
over 12 years ago
Posts: 12708
Member since: Jan 2009

It's all OK.

You're trying and that's good.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

Thank you C0C0, sounds like even though I have no income, no money, no friends and a physical deformity, that you still have a soft spot in your heart for me. You really are g0ld C0C0.

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Response by columbiacounty
over 12 years ago
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No.

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

You are just saying that now.
I understand. wink wink

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Response by columbiacounty
over 12 years ago
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Member since: Jan 2009

What the Fuck does that mean?

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Response by fieldschester
over 12 years ago
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Member since: Jul 2013

wink

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