building at 13 West 13th Street

maybe a C-, d is a little harsh

The building is a total dump. Everything is falling apart -- roof, gas, boiler, floors, laundry and building management. The Board is problematic -- difficult to deal with and incapable of solving the building's problems. The building is the classic New York co-op nightmare. There is a reason that there have been 5 sales in the past 3 months with 4 units still listed. The place is a debacle.

B+: new boiler, laundry and roof (latter currently being updated). Board seeks financially sound buyers, are accessible (give out their telephone numbers to shareholders), board approval is fast, met one in the lobby during OH, she was totally cool. Two apts was looking at are being sold bc the owners had a baby and moved out... one could not sublet any longer. fantastic location!

What are the asset requirements for the building? About to make an offer, but won’t bother if I need to have 500K in liquid assets after closing (as was the case with another building I offered in).

Dickens, The selling broker will tell your broker.

While I can't tell you what the post-closing asset requirement is today, I can tell you in the past that the Board has been reasonable.