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Sale at 203 West 81st Street #4B

Started by csonz27
about 12 years ago
Posts: 20
Member since: Oct 2009
Discussion about 203 West 81st Street #4B
This is a bank owned property. It is a rent stabilized apartment The tenant is a senior citizen who when I spoke with her was applying for SCRIE. She lives there with her middle aged son, who did not seem to have any intentions of leaving. There's also mold int he apartment and the electrical hasn't been inspected in decades.
Response by chromeless
about 12 years ago
Posts: 0
Member since: Feb 2014

Would you be able to provide links to photos? Or let us know what kind of mold you have found?

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Response by 9d8b7988045e4953a882
about 12 years ago
Posts: 236
Member since: May 2013

Amazing--only $657 per month for a 2-bedroom apartment on the UWS. Somehow the listing states that the unit is not rent-regulated and that there are no succession rights. Seems suspect.

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Response by West81st
about 12 years ago
Posts: 5564
Member since: Jan 2008

4B was one of the units entangled in a mortgage-fraud scam run by a Brooklyn con ring in 2004-2005:
http://streeteasy.com/nyc/talk/discussion/3793-apparently-foreclosures-do-happen-in-prime-manhattan-neighborhoods

According to phone records, the family in #4B has been there at least since 1972. It's difficult to reconcile their long tenancy and low rent with the claim that the unit is not currently rent-regulated.

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Response by West81st
about 12 years ago
Posts: 5564
Member since: Jan 2008

A bit of extra color: A prominent attorney - once described by TIME Magazine as "one of the nation's most effective advocates of family rights and feminist causes" - lives next door. The buyer of #4B can only hope the lawyer and the tenant aren't friends.
http://content.time.com/time/magazine/article/0,9171,923777,00.html
http://www.bergproperties.com/blog/celebrity-attorney-gloria-allred-pays-175m-for-apartment-on-manhattans-upper-west-side/

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Response by csonz27
about 12 years ago
Posts: 20
Member since: Oct 2009

http://s1328.photobucket.com/user/alexcarltons/library/?view=recent

Let me know if this does not work. They're having an OH this Sunday

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Response by csonz27
about 12 years ago
Posts: 20
Member since: Oct 2009

ACRIS still has the deed listed with the bank Block 1229 Lot 1013. Apartment is still in original condition (a new sink fixture is about the extent of the repairs). With the mold. No broker but a couple showing it claiming to have bought the tenant out on the condition she would have a life estate. I do not know what arrangement they have with the son.

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Response by Irene180873
over 10 years ago
Posts: 1
Member since: Nov 2012

I am the owner of this apartment, and I just noticed this discussion. The family's succession rights have been bought out, and the elderly owner has a life estate, meaning she gets to live there for as long as she wants to, but we get the apartment after she vacates. We received multiple offers from potential investors, but decided not to sell as the market was moving up strongly. Since then, the tenant advised us that she may be moving out in the next year or so, to be closer to her family. If anyone is interested, please email me directly at Irene.dubrovina@gmail.com

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Response by NWT
over 10 years ago
Posts: 6643
Member since: Sep 2008

And your brother wants his money. Allegedly.

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