184 Thompson Street
Started by spunky
about 19 years ago
Posts: 1627
Member since: Jan 2007
Discussion about 184 Thompson Street in Greenwich Village
i don't know about the structures, but the model units look great, the location is perfect for me (just entered grad school at NYU) and the price is right. i'm seriously considering it.
The location is great. The quality of the appartmetns is definitely suboptimal. They charge way over 1000 per sf and what they include in the overall footage is practically not livable space - but merely reprsents crawl-in storage areas. Unless you HAVE to be in this buidling you can definitely find a better place.
Anyone aware of any other problems with the apartments or the developers other than the unusually high $$$/sq. foot?
I don't beleive the developers have that much or any experience in residential. I beleive they bought the building just to convert to condo's. I agree I saw the building recently looks nice on the outside but I have a feeling their structure may be sub par. Constantly see ads in NY Times. Now with a shortage of reasonably price condo's in GV one would think they would of been sold out or had a wait list quite a while ago. I smell somthing fishy about the thing. Just my opinion of course. Due dilegence would be highly recommended.
Thanks for the comment Spunky. I'll consider some due diligence.
Definitely do extensive due diligence and talk to current residents - many more issues than meet the eye
buyer beware..do your homework...."looks" can be very DECEPTIVE.........
I do think that current tennants are not happy campers but interestly enough they for the most part want to stay. I do think that internally the stucture should be examined hard by an interested buyer. I noticed uneven floors that gave me indication that this structure should be checked out by one's own engineer.
Anyone know what the deal with this place is?
I stayed at 184 Thompson (on vacation) for 2 weeks in 2000 prior to its conversion. It seemed very run down at the time but I didn't notice any problems structurally. I did notice a rodent problem at the time (hopefully it has now been remedied). It's a very busy junction at Thompson and Bleecker, so might affect the value of the place.
I still don't understand why this place hasn't sold out since there are very few if any condo's in the area. I smell a fish sorry I meant to say a rat.
I looked at this building and was tempted at first, but decided to pass for a few reasons. The location is great, but that's really all this conversion has going for it. The units are awkwardly shaped and laid out. The finishes are low-end (one of the units I looked at didn't even have a dishwasher). Also, although the prices look reasonable, there is no tax abatement, making the building relatively expensive when you compare it to what you can get at other conversions/new construction that have abatements. Just my two cents.
I looked at this place about 5 months ago. I had a few friends with me and we were all being rather obnoxious to the broker who reps the building. At one point, he joined in and was laughing with us at how poorly built out the place was. It's pure garbage of a building. The area is good though I'm not too into being in the middle of frat land.
I also viewed the building. Although i felt the building was in a great location if you went to NYU I felt the construction was sub par. Some of the units floors were so uneven that one would use some type of adhesive for the furniture to prevent it from moving. The noise from the streets in the evening particularly during the weekend has to be ridiculous.I don't know something about this building gives me an uncomfortable feeling. I think the construction is sketchy and I believe the building caught on fire several years ago. In addition there are rent stabilized tenants that I am sure will have an an affect on the common charges as well as retooling this building in the future.
All this info is fine and dandy but the units are much more livable than many rental apts in the east or west village that I have seen including the one I currently live in. For investment purposes, this building is great. You are almost promised rich NYU kids that will have 4 year leases who's parents will pay the rent on time every month and swallow increases. So the building is rumored to have some structural problems, does anyone have any FACTS on this?? Besides that, location, location, location.....and as far as the noise, get a unit on the back of the building, you can't hear a thing.
I'm glad the rest of you can poo poo this building, to me that means you have more than 800K to spend on an apartment (and maybe a studio) so stop bitching about a perfectly fine place to live and invest and go somewhere else.
All this info is fine and dandy but the units are much more livable than many rental apts in the east or west village that I have seen including the one I currently live in. For investment purposes, this building is great. You are almost promised rich NYU kids that will have 4 year leases who's parents will pay the rent on time every month and swallow increases. So the building is rumored to have some structural problems, does anyone have any FACTS on this?? Besides that, location, location, location.....and as far as the noise, get a unit on the back of the building, you can't hear a thing.
I'm glad the rest of you can poo poo this building, to me that means you have more than 800K to spend on an apartment (and maybe a studio) so stop bitching about a perfectly fine place to live and invest and go somewhere else.
Above is Shill Shill alert shill alert Shill alert. Shady Broker alert Shady Broker alert!!!!!
Poster # 17 why you tell people you are a broker before you start giving us your opinion. You are defintely a sleeze bucket
Cause i'm not a sleeze bucket....NOR am I a broker, please, my god. You think that becuase someone else has an opinion that is not the same as your and is actually siding with the building that they are a broker. My god you are short sighted.
You what he is saying is that it is good as an investment property. . . that's what i got out of it - as he is saying it is good for renting out.
"Besides that, location, location, location.....and as far as the noise, get a unit on the back of the building, you can't hear a thing."------Sounds like sales talk to me bottom line you probably have a pecuniary interest in this building and please cut the crap that you don't have any financial interest in this building.
"....and please cut the crap that you don't have any financial interest in this building." Did I say I had any interest in this building?? No I don't think so, please refer to post #18 if you must review what I actually said.
"...Sounds like sales talk to me..." If you had REALLY done your due diligence on this building, you would have know that yourself....
And to #22, yes, that IS what I am saying but apparently term and concept is going over everyone's head. Nice to know SOMEONE gets it.
sure whatever you say but I ain't buying your crap
This building is the bigest piece of crap in NYC. I checked out the offering and this place would scare any attorney and investor. Many rent stabilized tennants in building that you can't get rid of. The developer still calls the shots on the board. Common charges will probably go through the roof as years progess due to crapy bones, rent stabiliztion tenants who won't give a dam and quetionable development company that has no experience in the residential market except for this building. But who know maybe poster #17 is jsut your everyday neutral good will individual with oottles of integrity.
The location of this building is excellent. If you don't spend anytime inside your appartment, than this is the perfect place for you. I must say, though, that whoever designed the the building must've been geometrically challenged, if you will, or must've been smoking something - the layouts are so bizzare...The finishes are so basic, that it's insulting to pay over 1100 per sf for that...
Checked out a few apartments in this building - it's the place for you if you love utter shite. Low-quality finishes (I noticed the uneven floors too - in every unit I saw!) Tiny apartments, usable space is minimal. They put down carpet to try to conceal the sketchiness of the floors, but it doesn't work.
Holy cow saw apt what crap. However good location but dam built like a deck of cards.
I rented there a million years ago and agree it's cheaply built with odd layouts and that noise is a problem if your apartment faces the street.
if a car hits this building will it fall down
If this thread made a sound, it would be "OOF!"
Anyone knows of anything in particular going on in the building? Why so many units for sale?
Anyone knowes about financials?
There always be many units for sales. Especially after the heavy rain. Or the next time they find asbestos. That was a nightmare.