Ariel West Square Footage

Dan, did you add interior walls and exterior walls. 50 percent of shared walls?

Condominiums are allowed to add each unit's pro rata portion of common spaces into their stated square footage.

So a 2,000 sq foot apartment at a new boutique building like Ariel West, which has 73 units sharing a pool, will have less square footage to place your couch than a 2,000 sq foot apartment in an older 1980s condo like the Columbia, which has 300 units sharing a pool, because the former is claiming a larger share of the shared pool amenity in its 2,000 sq foot number than the latter.

If you want stated square footage to be closer to actual liveable square footage, you should buy in a low-amenity condo (which usually involves other tradeoffs, because those tend to be older buildings) or a co-op.

I live right around the corner from Ariel West -- if you are interested I'm happy to chat about the area.

ali r.
{downtown broker}

My thought is that any comparable building is doing the exact same thing.

We recently sold a unit in the Ariel West and I can tell you that the building is in fact a bargain relative to other similar sized units in other new condo buildings. Yes, the common areas are factored into the square footage, but as others have pointed out, this is done with all condo buildings, and the Ariel buildings have many fantastic amenities. However, the units in this building have 10 foot ceilings, floor to ceiling windows and many have amazing views that are unique due to the location and the surrounding buildings that are landmarked. In my opinion, prices remain lower here because of the location - which some people consider less "prime" than other areas of the UWS and Manhattan. However, I believe this location is one of the few with upside - express train 3 blocks away and a rapidly gentrifying area. If the Ariel were 10 blocks to the south, these units would be priced 25% higher.