washer dryer cost in a coop

W/D do correspond to higher resale prices: I would expect that you will recoup the installation price.

ali r.
{upstairs realty}

That is a lot unless there are some extraordinary circumstances that I'm not aware of. I think it's typically closer to around 5K for plumbing and electric work to install a stackable washer/ dryer.

Keith Burkhardt
TBG

It may be a reasonable price depending on the scope of work (where does the washer go, how much new plumbing to run, how much old plumbing is being replaced). If you're doing the work as part of a larger renovation project, you could have your general contractor ask if the GC's plumber could do the work to the super's satisfaction, rather than jobbing in the super's preferred person.

It's a reasonable policy from the super and building's point of view: his duty is to protecting the building, not to your desire to do your own laundry. What would you say about an owner upstairs who didn't do what the super asked and whose washer plumbing flooded your apartment?

If you use the super's person, if something goes wrong it's on them and the super. If you use somebody else and something goes wrong, it's on you.

If I were planning on being in the apartment a while and wanted a washer, I'd pay up.

thank you!

sounds like the builing is using the opportunity to raise money for the building fund . its not going into someone's pocket

> riversider
Sounds like it’s going right into the plumber’s pocket

Plumber plus super plus possibly managing agent

Agree - the shareholders do not benefit as the plumber is not employed by the building. This goes into his pocket (less whatever kickbacks as suggested above).

https://www.youtube.com/watch?v=9lMv219O1Yc

Did you ask the Board about the process? They might have a different opinion if they're not in on the take.

>>If you use the super's person, if something goes wrong it's on them and the super. If you use somebody else and something goes wrong, it's on you.<<

Nope. As the shareholder, if something goes wrong with your washer/dryer hookup and it floods/damages another unit that is on YOU. Then you'd need to have your insurance company go after the installer/contractor/plumber.

@lrs... Classic!

The video is hilarious... and sad... for me and other apartment residents of NYC.

So how is this even possible to spend 15k on an installation?

A master plumber in NYC does not make THAT much money:
https://www.ziprecruiter.com/Salaries/Master-Plumber-Salary-in-New-York-City,NY

Do they install 6-7 washer dryers @15k each and take the rest of the year off? How many days/weeks/month does one washer dryer installation take?

It will really depend on your building requirements and set up. I have typically heard this being a $5-15k job, but it could be less or a lot more.

Krolic, While $15k seems too high, besides salary which I am not sure is correct for a master plumber (most master plumbers have their own business; the job will be done by some one working for them), there is insurance (25 percent of labor), admin (billing, quote, rent, truck), some plumbing material costs, plumbing permits, and probably 100 percent profit for the business owner.

I get admin, materials and insurance. 100 percent profit does not sound reasonable at all. Definitely an industry I'd like to see disrupted :-)

Ha. This is licensing rule in the city. Master plumbers with their own business, several trucks and plumbers, two admin staff, make well over $500k. There is competition but when bankers make $1mm, they want to make it too. In single family, many people do not file anything and someone without a license will do the job for $1k.

$1k plus materials. Auto shut off leak detector and leak tray is itself $600.

A small business making more than 500k per year. Commoditized, mainstream service, does not require a ton of education or capital to start. What's preventing new entry into this sector that would push down returns?

With regards to bankers making 1M, they get expensive education, top grades, work very long hours in a very stressful environment, and are in a high risk profession with tons more job and comp volatility than plumbers. Oh and 1M is only after 8-10 years in the career, if you are lucky. This is not a fair comparison to plumbers at all. Why not also compare plumbers to brain surgeons, or Beyonce?

Many small businesses make much more than $500k as they have CLIENTS (some ill-gotten but who is to say bankers or lawyers gets their clients in a clean manner), and it has taken them a long time to establish the business and they manage the stress of payroll, rent etc. Of course, they do not get social respect, potentially the same dating opportunities, and or get to wear a nice suit or work in a fancy office. By no means, I am justifying the plumber charging you $15k for a washer dryer but small businesses do make a lot of money. Neither do I care that bankers make a lot of money. Just explaining what the market is.

Aside, I offered to help a couple of very good construction workers I know to set up their own contracting and guarantee them enough construction business for first year from my projects but they want a steady pay check and do not want to take the risk of generating their own business even if they make double the money.

https://www.google.com/amp/s/nypost.com/2018/12/23/reports-show-plumbers-are-among-the-citys-top-earners/amp/

Do not forget their pension is based on total comp - rather than base pay.

Those are the municipal plumbers. Overtime and pensions are covered by taxes and permits. I imagine the person installing a washer dryer for 15k does not work for the city, right?

Did you miss this from my comment above?
"By no means, I am justifying the plumber charging you $15k for a washer dryer ......"

I got that part, mercer.
I am just wondering:
1) Why don't more people go into plumbing which appears to be so lucrative (and get the price down as a result) :-)
2) Also, what is so different about Manhattan that the prices are many times higher than everywhere else (including staten island and brooklyn)

It is lucrative when you have CLIENTS who can afford to pay and multifamily who wants to enforce rules. Also remember you are retrofitting. Your building plumber has captive client.

Btw, you have an option not to buy in a building where it costs $15k for washer dryer.

Look up what it takes to be a plumber in NYC. Basically you have to have one teach it to you, pass a long exam, work many years as an understudy, and pay $1300. It's like a medieval guild - they don't train a lot of people so that there aren't too many of them so they can keep rates high.

How to avoid this? The only way is to move to nowhere.

And buy this one?
https://www.wsj.com/articles/a-massive-aspen-mansion-with-its-own-bowling-alley-asks-75-million-11608746395?cx_testId=3&cx_testVariant=cx_22&cx_artPos=0#cxrecs_s

Back to the topic, it will cost you ~$10-15k all-in to install a W/D in a Manhattan condo (material + labor). Buying a more expensive machine will put you at the higher end of my range and vice versa. The process generally includes breaking through walls and repairing/repainting them once done, plumbing/electrical work which require permits, installation of tiling at the base of the machines for potential water leaks, and replacement of toilets with high efficiency units. Depending on the size and age of building you live in (post/pre war), there will likely be a limit on what % of the building can install W/D machines as the building's infrastructure cannot handle it. So if the board is allowing you to install them you should get it done quick. Based on recent sales in my building, it hasn't really corresponded to higher resale prices. Maybe a little but not a lot. Rather it helped units sell faster than our non W/D apartments.

Thanks! The building allows larger apartments to install them, but not studio apartments, probably a good system to prevent overload.
The cost of 15k that I was given was just for the plumber. Electric work, patching up the walls, replacement of toilets or even the washer dryer appliances itself were not included. Does the 10-15 figure include all these things, or is that just for the plumber also?

What is the reason for changing to high efficiency toilets? Do they help unburden the systems?

Yes the $10-15 includes everything. So $15 for plumber only is ridiculous. That’s right the toilet is to unburden the system. It’s not material but every little bit helps. Usually the hookups are built in areas immediately adjacent to bathroom or kitchen plumbing but if you wanted a machine further away, that’s the only scenario where I could see the total job exceeding $15 as you’d have to tear/repair flooring for the connection lines. I’d solicit other bids if I were you and show your manager/board why their estimate is crazy.