Why are prices so low in Larrimore

The board was tough many years ago but it is a new board and they are fiscally responsible and very good. Years ago with the old board they spent money that was unnecessary and as a result the maintenance used to be sky high. Now that the maintenance has held steady and the other buildings in the area have kind of caught up, appraisals and prices have to catch up. Now is a good time to get in while the prices are still low.

The board was tough many years ago but it is a new board and they are fiscally responsible and very good. Years ago with the old board they spent money that was unnecessary and as a result the maintenance used to be sky high. Now that the maintenance has held steady and the other buildings in the area have kind of caught up, appraisals and prices have to catch up. Now is a good time to get in while the prices are still low.

Something does seem to be clearly wrong with this one and it can't just be the maintenance because it's not *that* unreasonable.

I agree that these listings seem too low. Must be something else going on but I'd like to know what...

Any update on the building? Why the price is so low? Is it because the building has financial issues?

Anyone knows what's going on in the building? Why is the price so low? Maintenance seems ok.

It's not particularly cheap, those are just the going prices for coops in manhattan these days.

It would seem to me this building benefits from the new 2nd Avenue subway extension and will benefit more after Phase 3 is done.

after Phase 3 is done, the Q train will be more crowded, that's that start of running down

Won't it take another 20 years for Phase 3 to be done? By that time, people who bought now probably sold already