building at 318 West 47th Street
Started by CCL3
over 9 years ago
Posts: 430
Member since: Jul 2014
Discussion about 318 West 47th Street in Hell's Kitchen
Maintaining a building with small number of units is always expensive per apt as fixed costs are shared by fewer apts.
All costs are variable.
To the contrary, I would say that those maintenance fees are not sustainable, and the taxes will quadruple when the abatement expires
But there are no amenities, no doormen. I understand that there are fewer units to split the costs, but the costs should be low to begin with when there are no building-wide amenities.
I don't think this building has a tax abatement.
>But there are no amenities, no doormen. I understand that there are fewer units to split the costs, but the costs should be low to begin with when there are no building-wide amenities.
I don't think this building has a tax abatement.
Exactly. All costs are variable.
On another note, what an odd choice of kitchen lighting fixtures. They look like broken desk lamps hanging upside down from the ceiling.
PH off-market from $5M down to $3.3M
MAISONNETTE also off-market from $6M down to $4.3M
For the mid-floor apartments (#2, for example), how do you get out of the apartment if the elevator breaks down, or there is a fire? Jump off the balcony? The space to the left of the elevator appears to be a light well, not a staircase.
@Aaron2 the living rooms have a door to the staircase, there is no light well.