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Architect for this renovation?

Started by Dickens
over 5 years ago
Posts: 104
Member since: Mar 2014
Discussion about 110 Thompson Street #5A
I am curious who did the renovation for this apartment. It’s different from the many cookie cutter renos one sees for these small apartments.
Response by 300_mercer
over 5 years ago
Posts: 10570
Member since: Feb 2007

Hope you can find the fridge under the oven!! Disaster if it is half fridge.

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Response by 30yrs_RE_20_in_REO
over 5 years ago
Posts: 9877
Member since: Mar 2009

300,
You mean you think there's a chance the fridge below the oven is a full sized fridge?

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Response by Aaron2
over 5 years ago
Posts: 1698
Member since: Mar 2012

Nice looking renovation. Good use of a small space. The architect/designer certainly loves their tab handles (as do I). Did they also tuck a dishwasher in between the cooktop and the oven/fridge? My only complaint is the tab handle on the drawer under the top step to the bed platform, which seems like a trip hazard should you hit it with your foot when going up the steps. But since it's a 5th floor walkup, maybe stair climbing skills will be so advanced that it's not a problem.

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Response by stache
over 5 years ago
Posts: 1298
Member since: Jun 2017

Yeesh that price regardless of location plus the maintenance is more in line for a F/S elevator building. Looks like you're supposed to eat breakfast sitting on the floor.

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Response by Krolik
about 4 years ago
Posts: 1370
Member since: Oct 2020

Cute reno but I am so surprised by the price. Lower East Side always baffles me. $18 margaritas sold at bars adjacent to pawn shops. "Art galleries" that are always completely empty, next to crumbling old apartment buildings.

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Response by Anton
about 4 years ago
Posts: 507
Member since: May 2019

it is overpriced. the buyer should buy something bigger and more expensive

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Response by KeithBurkhardt
about 4 years ago
Posts: 2986
Member since: Aug 2008

I can see you're not at downtown person@krolic. This is Soho, which is expensive and extremely desirable by many people. Also a relatively small neighborhood, similar to the West Village, where many people are willing to pay a premium. Real estate is all about location.

I would rather rent than buy a co-op or a condo in a building / neighborhood that has weak buyer demand. That's where you get burned most, when you purchase in a neighborhood that's not on the radar of most buyers. If you have to sell into a weak market, your already illiquid asset becomes an anchor. You have to be very mindful when buying into a very strong market and you find yourself priced out of many locations, unable to compete. So buyers start looking for the scraps on the fringes.

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Response by KeithBurkhardt
about 4 years ago
Posts: 2986
Member since: Aug 2008

And I'm mostly speaking about well-established bland neighborhoods with a long history of mediocre sales. Not those brave souls who went into non-residential neighborhoods or poverty stricken neighborhoods simply because that's all they could afford, and wound up with the golden ticket.

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Response by Krolik
about 4 years ago
Posts: 1370
Member since: Oct 2020

@theburkhardtgroup Actually, you might be surprised. I am on my third career now. I worked in downtown (FiDi and Chinatown) for about 10 years, and we lived not too far from Soho (in LES) for a year too.
It was a newly renovated apartment, 2/2 with a tiny living room, no dining, and a washer dryer, walk up but not too high, about 5 years ago. The rent was 5k, which I thought was a lot then for the number of sq ft, and considering the commute to almost anywhere was not great, but LES area has it's charm. We moved to midtown to a more convenient location and got more space for our money, too.

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Response by pinecone
about 4 years ago
Posts: 143
Member since: Feb 2013

Keith--curious as to which nabes you consider 'weak buyer demand' areas?

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Response by Krolik
about 4 years ago
Posts: 1370
Member since: Oct 2020

also curious.

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Response by Anton
about 4 years ago
Posts: 507
Member since: May 2019

east new york?

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Response by Admin2009
about 4 years ago
Posts: 380
Member since: Mar 2014

Kind of a reach at that price point

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