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160 wooster st

Started by TheTourist
about 12 years ago
Posts: 134
Member since: Apr 2012
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Hi, a friend of a friend is contemplating buying in that building. Does anybody know if it is subject to the artist in residence law ? How can one find out ? Thanks. http://streeteasy.com/nyc/sale/1047519-condo-160-wooster-street-soho-new-york
Response by msadewitz
about 12 years ago
Posts: 20
Member since: Aug 2008

I am not an attorney, and ultimately if your friend is interested in buying in the building, he/she should consult one. But, here is the zoning map that shows where 160 Wooster is located:

http://nyc.gov/planning/pdf/zone/map12c.pdf

It would appear the building is still within the M1-5A zoning, which is technically still manufacturing. It is my understanding that anything within the M1-5A and M1-5B is subject to the AIR rules. Any of the loft buildings there that I've researched show "JLWQ" (Joint Living Work Quarters, ie: subject to artist in residence) on their COs. This building apparently doesn't have that.

You can look through the COs for the building here:

http://a810-bisweb.nyc.gov/bisweb/PropertyProfileOverviewServlet?boro=1&houseno=160&street=wooster street&requestid=0&s=A03C41B885B461E4F46BD08866A7430E

Good luck, hope this was helpful.

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Response by huntersburg
about 12 years ago
Posts: 11329
Member since: Nov 2010
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Response by TheTourist
about 12 years ago
Posts: 134
Member since: Apr 2012

@msadewitz

Very helpful, thank you so much!

It s very clear here: http://a810-bisweb.nyc.gov/bisweb/PropertyProfileOverviewServlet?boro=1&houseno=160&street=wooster+street&go2=+GO+&requestid=0
that it s not. It says "LOFT LAW: NO"

But he will confirm with an attorney, that was just to take the pulse. But it makes sense, building is from 2004.
What do you think about the building ?

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Response by msadewitz
about 12 years ago
Posts: 20
Member since: Aug 2008

Loft Law is different than the Artist in Residence laws that affect the apartments in soho. Totally different programs, google around and read about each one. For example, here is a well known condo building on soho, 95 Greene Street.

http://a810-bisweb.nyc.gov/bisweb/COsByLocationServlet?requestid=1&allbin=1007673

Loft Law designation is "No", but if you look at the CO, floors are listed as JLWQ.

Haven't shown in the building, so wouldn't want to speak for or against something I haven't seen or taken buyers to. Price has a little bit to drop, I'd think, given how popular condos are in the current marketplace and that this has been on the market for 2.5 months.

There's really no substitution for viewing something in person...if your friends are serious about buying, it's worth 20 minutes of their time to just go look at the apartment!

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Response by TheTourist
about 12 years ago
Posts: 134
Member since: Apr 2012

Can the artist in residence law concern such a young building (it looks older than 2004 but it is from 2004) ?

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Response by TheTourist
about 12 years ago
Posts: 134
Member since: Apr 2012

But the CO clearly says apartment, not joint living work quarters for artists

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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013

Hi TheTourist, when are your returning to your home?

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Response by TheTourist
about 12 years ago
Posts: 134
Member since: Apr 2012

@gothamsboro

I am home, I have a green card, a very good job, my offspring is American... I could ask the American nationality if I really wanted to and would get it in a couple of months.
I don't understand, this is NY, why are all these xenophobic rednecks posting here ?

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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013

Where is anyone xenophobic. You state you are a tourist. You could be visiting from Boston. But you do come right out with each and every post and remind us you are a tourist.

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Response by TheTourist
about 12 years ago
Posts: 134
Member since: Apr 2012

TheTourist is after the radiohead song, not my status. Fyi, street easy is not real life...

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Response by front_porch
about 12 years ago
Posts: 5321
Member since: Mar 2008

Tourist,

You are asking a legal question, and as a real estate agent, I cannot offer legal advice. However, if I had a client with that question, I might encourage him/her to hire Margaret Baisley, who is an experienced SoHo real estate lawyer.

ali r.
DG Neary Realty

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Response by huntersburg
about 12 years ago
Posts: 11329
Member since: Nov 2010

TheTourist
about 11 hours ago
Posts: 133
Member since: Apr 2012
ignore this person
report abuse
TheTourist is after the radiohead song, not my status. Fyi, street easy is not real life...

TheGreencard?

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