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Obstructed View Dilemma

Started by ayp7
over 17 years ago
Posts: 2
Member since: Apr 2008
Discussion about
Hi, everybody. I was just about to go into contract on an apartment when I found out that there was high potential for an obstructed view to happen. Currently, the view is already bad. I face north and have a partial view (blocked by an apartment on the street over). Now I found out that part of the view i had (not a great one but at least there was some light/sky) is probably going to be blocked by a new apt building that will go up where a restaurant just went out of business. How does this impact pricing? Value? Thoughts? Thanks.
Response by mkratter
over 17 years ago
Posts: 16
Member since: Jan 2007

Gotta have light!

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Response by malraux
over 17 years ago
Posts: 809
Member since: Dec 2007

Views and light are crucial aspects that determine the resale value of a unit in Manahttan. If these aspects are already poor quality, and the possibility exists that due to lot line development you will loose the little light/views that you have left, I would seriously reconsider your investment in this property.

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