building at 55 West 95th Street

very strange sales pitch - they're either renting or renting to own -- completely overpriced apartments only 25% sold - brokers horrible. Something is wrong there just can't figure it out. no one can get financing.

With so many great resale options available - and more coming on the market every day - I can't imagine why a buyer would consider any of the SoNY offerings. The prices aren't that great, the properites are mediocre and the downside is huge.

Great opportunity to buy a sponsor unit. Prices are below market. The financing issue is not unique to this building. If you can get financing this is a great opportunity. Less than a block from Central Park in a great neighborhood. Block and a half from subway. Once more than 70% sold, financing will be easier. If you want a home for 5 or so years this is a great place to be. Improvements have been made to the building within the past year. New elevator almost complete.

I think this building is horrible with layouts that just don't work

TCBOT sounds like s/he is from SoNY... Un-biased advice , please.

tcbot: gmafb

Saw these in the autumn..layots are awful, some with teeny tiny masters with huge fancy closets. Bathrooms with fittings that belonged in much grander apartments. Utterly depressing building.

The apartments are very small - at least the ones I looked at and completely overpriced. In addition, they keep pushing the 'rent to own' option. As I stated previously there is something seriously up with SharesofNY - nothing in the 3 building their representing are selling, they completely discourage potential buyers, no one can get financing since the buildings are almost all renters. they've been doing this conversion now for 3 years. there have been other posts in re this same building and everyone's had the same experience.

tcbot must work for sharesofNY

I sort of remember some rent stabilized tenant harassement lawsuit. But don't quote me on that. I would pass.

I live in the building; I bought a sponsor unit so I can't comment on the board. The building itself is pretty consistent with what you would expect from a 100 year old building in NYC, it isn't a "high-end" luxury building but is nice enough (elevator, laundry, storage, common space, doorman, etc.),the doormen are nice/attentive, and the renovations seem to be moving along (although very slowly). Let me know if there are any specific questions.

I dont think they are priced too badly...they ought to give a steeper discount however, for the number of unsold units and a kind of hairy situation.

The building at 150 West 87th seems nicer, I like the layouts of the renovated 2BRs and the elevator/lobby work is done.

any updates on these shares of new york buildings (150 w 87, 55 / 65 w 95)? the 3 br in 65 w 95 seems reasonably priced. i saw 150 w 87 - liked the reno, but not the layout. are there still financing issues? anyone know how much of htese buildings has been sold and whether htey are still pushing the rent-to-own? thanks in advance.

any updates on these shares of new york buildings (150 w 87, 55 / 65 w 95)? the 3 br in 65 w 95 seems reasonably priced. i saw 150 w 87 - liked the reno, but not the layout. are there still financing issues? anyone know how much of htese buildings has been sold and whether htey are still pushing the rent-to-own? thanks in advance.

The bedrooms are small. Then again, how much room do we need to sleep? I prefer having more space in a living room than a bedroom on most occasions. Most bedrooms can fit a king or queen w/dresser. I was impressed with the original details of the apts and the amount of room one gets. Trust me, my spouse and I have been looking for quite some time. I do agree there should be a bigger discount considering the conversion thing. These SoNY apts are an opportunity for those of us who typically are just starting out and would not pass a traditional coop board. It seems SoNY has some interesting products and have maintained their endeavor of building up the brand. This company has upside. Location is wonderful. Good luck with financing. These units will sell.

Does anyone have any insight as to why the maintenance is so high in this building?

I was told the maintenance is high because the builder is able to over time re-coop their investment in the upgrades made to the building and apartments themselves.

Hi - Does anyone know if the apartments still do not require board approval? I see this note on some of the available places but I am wondering if that was just when they were sponsor apartments. Thanks Much

Anyone know why 456 has been on the market and then off twice in the last few months? Is there something wrong about this building?

any updated comments about this building?