Observatory Place

It is located in the middle of the projects. No views aside from the project buildings surrounding it. Nice interiors. Slightly over priced for the neighborhood. Hope this helps!

I looked at all units in the building when it was only a shell. There is a line of one-brms on the southwest corner of the building that has wraparound terraces. The views are expansive. The big question marks to me were what will the real estate taxes be when they phase out the abatement and what will the common charges end up being, because the project begins with a part-time doorman only. It is a small building, so if they go 24/7 doorman there aren't as many units to spread the cost among as in a larger building. I was not worried about the area, though. It's changing quickly and 96th St. is only a few blocks away, with white-gloved and top-hatted doormen buildings.

any thoughts on observatory place vs. mirada? has anyone gone to either open house?

I think Mirada is in a better location, very near the subway station and the street is very busy with an ugly supermarket across the street and post office next door. I walked around the neighborhood where the observatory is, and I have to say, it was a little desolate and scary.

Observatory is overpriced and absolutely desolate. Said this weeks ago. Waste of time to even go out there. Highly disappointing. Sorry for being honest but I felt betrayed when I got there. They left out some details. Hope this helps someone else.

anyone know why all these listings got taken off? Do do you think they are re-pricing, and/or listing as rentals now?

they seemed to have changed the broker agency from warburg to corcoran

I checked out the A line, C line and D line this past weekend. The building is very nicely designed and laid out. The closets (when they do exist) are on the small-medium size (although there is a his and hers in the 2/2). The area is okay if you are a young professional, student or young family. I do not think the building would be ideal for retirees, because of the distance from Subway (which can be daunting during certain hours of the day) and the lack of amenities nearby for the retired set.

I think at $670 or even $600 sq. ft.; the units are still overpriced considering there is a lot of risk that the buyer is assuming, particularly since it appears that all of East Harlem might be taking a few years back in the development game.

I love living in this building. I think the spaces are beautifully designed, and I like living in a green, eco-friendly building. Having brand-new stainless steel kitchen appliances is fantastic--and also having my very own washer and dryer. It's also really convenient having an exercise room in the building for those nights I want to work out but don't feel like going far.

The building itself is nice and quiet; the neighbors are friendly and the doormen are great. And, though before I moved in I had a little trepidation about the neighborhood, I've found that it's absolutely fine. Good grocery stores, convenient Duane Reade, etc. I used to live in the UES and I've seen how much East Harlem has grown, even in the past five years. And with developments like the East River Plaza and the 2nd Avenue subway (someday!) in the works, I feel great about being here now.

Broker alert?

You mean you think I'm a broker? Nope--I actually just live here and wanted to share because I like the building. (But I appreciate your checking!) :)

I was watching this building for a while but lost track of it. I have no problem living in E. Harlem, but it is a little far from the subway. The building is nice, but it is across the street from projects which will hurt its resale value. I don't think those issues are properly factored into the prices. I agree that the neighborhood is changing, but slowly, and closer to Lexington where the subway is.

they just got Corcoran to sell these PROJECTS at UES/Yorkville prices. i'm guessing they picked something up from either project on the east/west/south/north and it was goooooooooooooooood. i would think that being this far away from the train, sorrounded by public housing and this being 2010, the prices should be at $300 psf not $610-775.

Condo/nondo!!!!!!!

This seems nice , but the prices are a bit high .
What say ye ?