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The Brompton

Started by fatman
almost 17 years ago
Posts: 3
Member since: Mar 2009
Does anyone knows if closings at the Brompton are progressing as projected? Anyone closing in the next few weeks?
Response by Cre
almost 17 years ago
Posts: 3
Member since: Feb 2008

Progressing. 15 moved in - more closings coming

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Response by rme
almost 17 years ago
Posts: 7
Member since: Jan 2009

Closed a week or two ago. Love the building and staff.

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Response by ManhattanRE
almost 17 years ago
Posts: 69
Member since: Nov 2007

rme--

How's the noise from the street? Do the windows do a good job of blocking it out?

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Response by mbrokerNY
almost 17 years ago
Posts: 103
Member since: May 2008

RME, did you close without a CO?

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Response by streetview
almost 17 years ago
Posts: 331
Member since: Apr 2008

Who's moving into the empty retail stores along 86th and 3rd Avenue? Curbed.com posted a photo of the 86th Street frontage, yesterday.

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Response by uppereast
almost 17 years ago
Posts: 342
Member since: Nov 2008

I would love to see Whole Foods. So disappointed with H&M.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

A ton of the retail just below it on 3rd closed...

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Response by rme
almost 17 years ago
Posts: 7
Member since: Jan 2009

No noise from street as long as windows are closed (unit faces 86th). Our floor has certificate of occupancy - most units have closed already and people are moving in.

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Response by fatman
almost 17 years ago
Posts: 3
Member since: Mar 2009

Don't think wholefoods is going to happen. Aren't they opening on 96th? Another supermarket would be great though.

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Response by ManhattanRE
almost 17 years ago
Posts: 69
Member since: Nov 2007

rme--Thanks. I had visited the sales office at the beginning and that was one of the things that worrried me (so hard to know when you can't actual see the apt). I decided not to buy for other reasons.

I live in a Related building now and the staff they assemble is always top notch. Congrats on the purchase and hope it works out for you.

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Response by woodsmit
almost 17 years ago
Posts: 14
Member since: Oct 2008

how are the finishings? I wonder is anyone has any interior photos....

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Response by shong
almost 17 years ago
Posts: 616
Member since: Apr 2008

As fas as I know, closings have been progressing as projected and appraisals have been coming in fine thus far. Jumbo rates are relatively very low and people are locking in. Whether everyone decides to close is another issue. sunny_hong@countrywide.com

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

Went by yesterday and checked out the lobby. Can't comment on anything else since I didn't see anything else, but the lobby came out great.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

well that's certainly worth at least $500 per sq ft.

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Response by denis
over 16 years ago
Posts: 7
Member since: Feb 2007

the

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Response by denis
over 16 years ago
Posts: 7
Member since: Feb 2007

I just closed on my apartment and wanted to say that this buildings staff is incredible. I have never lived in an apartment building that has been so well run, have such an amazing staff, and everything that has ever been said about a "related building" is correct. I do not work for the builder and I am not a broker. Just someone who has closed on an apartment and couldn't be more impressed with everyone and the apartment is great.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

that's great...frankly, i'm more interested in location, layout and views than a chipper doorman but...to each his own.

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Response by denis
over 16 years ago
Posts: 7
Member since: Feb 2007

very convenient location, layout great, great light, and the view is a "New York" view with a peek at Central Park plus a "chipper doorman" and a resident manager who so far couldn't be more responsive... what else?

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

now i know you're a broker--a "peak" of central park? are you kidding?

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

Denis--

How's the noise from the street on yours? Windows keep it quiet?

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Response by rmrmets
over 16 years ago
Posts: 93
Member since: Oct 2008

Most on this thread are trying to justify why they overpaid to live on a busy street overlooking the Papaya King and that boutique known as Banana Republic. If this building is so great why are scores of tenants banding together to sue the developer for their deposits back? "Peek of Central Park" from 86th & 3rd, very creative. Good looking building architecturally, compared to that eyesore known as The Lucida one avenue west.

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Response by jrw293
over 16 years ago
Posts: 91
Member since: Jan 2007

hail columbia/ i know something too.you,re presumptious{but don,t be upset,i didn,t call you the "B" wordBroker)!

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

phew.

personally I would love to live within spitting distance of papaya king--for the prices at the brompton, they should throw in free life time all you can eat franks/kraut. would trade that for doormen and great building manager.

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Response by denis
over 16 years ago
Posts: 7
Member since: Feb 2007

If the goal of this blog is only to trash and make negative assumptions then enjoy yourselves. I was adding my experience and if you want to trash it too bad for you...

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Response by rogerwilco
over 16 years ago
Posts: 14
Member since: Jan 2009

Hi denis - please detail more of your experience and ignore the haters as unfortunately, anonymous posting on the internet and (this site in particular) brings out the worst in people. A previous poster asked about street noise. how is it from your experience? are you fronting 86th street or Third Ave? How quick was the turnaround on your punch list items and are the quality of the finishes in the apt as you'd hope? Thanks again for your input.

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Response by denis
over 16 years ago
Posts: 7
Member since: Feb 2007

New York sounds, nothing more, nothing less. If a fire engine siren goes off you hear it. I was living 15 stories higher than this apartment and I was concerned...no difference.
As far as finishes the only room that I was disappointed in was the powder room. The rest of the finishes were what I saw at the show room and expected.

The guy who took us on our walk-thru took everything down. Everything is completed except we have a scratch on one of our windows that we were told would be replaced and has been ordered. So as of right now, as I said before, I'm happy with my experience to date.

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

Thanks. Enjoy.

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Response by rmrmets
over 16 years ago
Posts: 93
Member since: Oct 2008

Denis is correct. The fire house is on E85th b/t 3rd & Lex just 1/2 block from the Brompton. Can't wait until H&M opens on E86th, it will really improve the luxe feel of the street.

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Response by woodsmit
over 16 years ago
Posts: 14
Member since: Oct 2008

Unfortunately, I live on Lex right near that fire station, which is maddening at night. That being said, since it is a one way street heading towards lex, the fire engines spill out in front of my building and away from Brompton, sirens ablaze. Would not expect that the Brompton is that impacted as a result. The Lucida on the other hand, is another story, though maybe they factored into the glass on that side of the building...

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Response by pupmom
over 16 years ago
Posts: 1
Member since: Mar 2009

I moved in almost two weeks ago and want to add my voice of positive experiences to this string. I live on a lower floor and the street noise is quieter than when I lived 6 floors higher in a less active neighborhood (unit faces 3rd Avenue).

So far, my experience has been extraordinary. My walk-through was positive although I, like denis, have scratched windows and am waiting on the delivery of new ones. The layout is exactly as expected. The finishes are all very similar (if not exactly the same) as shown in the showroom although I have been a bit disappointed in the powder room. \\The staff has been more than responsive to any request and inquiry. I, along with my guests, have been very impressed with the level of service (everyone has gone above and beyond to make my family and I feel welcome and comfortable). I've become a big fan of the amenities - particularly the Equinox gym membership and common areas (cardio room and children's play area) - and am looking forward to meeting more neighbors.

Not a broker and not affiliated with real estate market in any capacity - just one happy Brompton resident.

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Response by gcondo
over 16 years ago
Posts: 1111
Member since: Feb 2009

To buyers at the brompton, congrats, your building looks terrific.

To all the negative posters, get a life, get a job, whatever.. surely, there are better ways to spend your time than pissing on someone's happiness. Oh wait, I forgot, this is the internet

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Response by denis
over 16 years ago
Posts: 7
Member since: Feb 2007

For the buyers of Brompton apartments I think it's good that all those buyers who are trying to worm out of their contracts are walking. Who wants a bunch of miserable neighbors?

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

yep...much, much better to have the building 3/4s empty

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

I heard that there really aren't that many walking. Anybody know what the facts are? (Actually heard that some that organized the group had closed.)

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Response by IllbeThereSoon
over 16 years ago
Posts: 1
Member since: Apr 2009

Glad to hear the building is so wonderful. I'm considering buying there - once
the distressed sales start and the prices are reduced to $700/ft, of course.

See you next year - we'll be neighbors!

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

not really surprising...the same warped logic that lead them to sign in the first place has carried them through closing.

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Response by StellaBlue
over 16 years ago
Posts: 41
Member since: Feb 2009

is it just me, or have the closings at the brompton really slowed down? looks like they are trickling in. uh-oh. gonna be a real nice rental though...

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Response by sidelinesitter
over 16 years ago
Posts: 1596
Member since: Mar 2009

Stella, I have the same impression. Certainly the inflow of documents to ACRIS has been slow. Not sure how to tell if this is normal lag between closing and document posting or if there is something more going on.

The rental point got a bit of attention on another thread the other day: http://www.streeteasy.com/nyc/talk/discussion/9905-signs-of-desperation-ues-new-constr-condo-unit-turned-rental

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Response by streetview
over 16 years ago
Posts: 331
Member since: Apr 2008

One other thing to consider at the Brompton besides the noise of 86th Street (and the mail trucks on 85th) is the dirt and grime that will begin to collect on the building's surfaces and windows. You could say that will be true on any high rise in Manhattan, but just look at The Gotham on 87th and 3rd. It has to be the grimest building around and I believe its location is a big reason. You could blame the Flaming Embers (restaurant since long gone), but that has been awhile since char-grills were there.
I don't know if they don't care or the dirt and grime is too much to handle. Anyone live at The Gotham and have a tip for The Brompton about maintanence of the exterior???

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Response by Maraman
over 16 years ago
Posts: 165
Member since: Nov 2008

I have been following other buildings going through closing of pre-construction sales, although not the Brompton. It seems that ACRIS, although lagging actual closing, is accurate in the trends for building closings. Sponsors will also keep listings as in contract, even though they know the contract will not close. I have noticed in these other buildings one third to one half of contracted sales that will not close.

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Response by HT1
over 16 years ago
Posts: 396
Member since: Mar 2009

Most of recently finished buildings have much better windows. They shut down the outside noise to nothing.
I have not tested the Brompton but the Metropolitan at 91/Third is sooo quiet and that was from a corner aptm on 5th floor or so. Amazing!

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Response by streetview
over 16 years ago
Posts: 331
Member since: Apr 2008

Is the Metropolitan the one with the big sucking sounds on the rooftop because the apts vent from the rooftop. is there a sundeck with all that commotion?

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Response by StellaBlue
over 16 years ago
Posts: 41
Member since: Feb 2009

As predicted, the longer this goes the more desperate Related becomes. I already walked but the lucky folks who have the last close dates will be in a great position to gain some concessions that were previously unattainable. Like I said earlier, this will be a great rental.

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Response by whathappened
over 16 years ago
Posts: 29
Member since: Feb 2009

StellaBlue: Is your unit still listed as "in contract"? Do you know what happened with the Brompton buyers who were organizing for concessions?

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

streetview, interior bathrooms, public hallways, etc., have to be vented. That's almost always done via vertical ducts with exhaust fans on the roof. If you don't hear motors up there, something nasty's going on below.

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Response by NewbieBen
over 16 years ago
Posts: 1
Member since: Apr 2009

Does anyone have personal knowledge of anyone other than StellaBlue who has walked out of their contract to buy at the Brompton? It's hard to know if more people are closing rather than walking away from their contracts.

Also, what's the huge downside if the building turns into a rental? It seems like people who closed are immediately trying to rent out their apartments.

Any insight would be helpful. Thanks in advance!

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

I wouldn't read much into the pace of closings at this point. They tend to be lumpy because of construction lags. I think it's going to take a while to be able to tell how many people walked.

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Response by nyc4ever
over 16 years ago
Posts: 10
Member since: Feb 2009

Curbed has photos from the Brompton. Those 60 buyers that have closed are moving into one nice building!
http://curbed.com/archives/2009/05/11/renderingreality_how_bits_of_the_uess_brompton_stack_up.php

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Response by threeke
over 16 years ago
Posts: 10
Member since: May 2009

There are a bunch of apartments you can rental now, very cool.

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Response by sledgehammer
over 16 years ago
Posts: 899
Member since: Mar 2009

All right! We got it, threeke!!! You're the Landlord of this building!!! No need to revive anymore of these Brompton threads.

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Response by Ark
over 16 years ago
Posts: 2
Member since: Apr 2009

What I dont understand is, sure the building looks great, amenities and all - but the apartments are god awful small. The 2nd bedroom in the 2br places is really tiny. Can't imagine them really renting for almost 6k

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

I heard that the AC units make a lot of noise inside the apts--can anybody who lives there confirm?

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Response by sirwinston
over 16 years ago
Posts: 103
Member since: Mar 2009

my wife and I keep looking at Brompton units being rented out by owners...we havent found the right apt yet, but rental rates have been pretty competitive with surrounding area...our friends moved in a few months ago and have been quite happy renting...there seem to be 2-3brs cropping up pretty frequently for rent.

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Response by bignycfan
over 16 years ago
Posts: 27
Member since: Aug 2008

Does anyone know if any buyer, either here at the Brompton or at the Harrison, has gotten any kind of price concession from Related - closing costs, price break etc? Since many of us will soon go to closing, it would be really helpful to share this VERY important info.

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Response by Ubottom
over 16 years ago
Posts: 740
Member since: Apr 2009

what rents are being charged pls?

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

I need to jump in here. First, anyone who purchased in this building is an idiot. The prices they are charging (and apparently recieved) are at PRIME Park, Madison, and 5th Avenue levels. For instance, some moron paid $2.5M for a 1300 square foot 2 bedroom in this building. Do a simple search (2 beds, UES, $2m to $2.5m), and you will find COUNTLESS examples of apartments that actually OVERLOOK the park (none of this "peek" broker speak garbage) in that price range. Major issues with this building are as follows:

1) Basically above a firehouse
2) On 86th Street East of 3rd, yet nowhere near Carl Shurz
3) Above a movie theater
4) Above Pizzeria Uno
5) Above a McD's!
6) All the crack heads congregate on that corner (86th between 2nd and 3rd) in order to beg for money and eat at McD's (then buy more crack and repeat)
7) Beautiful views of Papaya King and department stores

Now there is nothing wrong with any of the above, EXCEPT THAT THEY ARE CHARGING PRICES THAT YOU CAN FIND ON PARK, MADISON, OR 5TH. As nice as the interior of this building is, at the end of the day it will fail unless it becomes a $500 to $600 psf building.

Dont get me wrong, if the "amenities" I mentioned above work for you then feel free to drop the (average) $1600 psf they are asking. While you are throwing money away however, you might consider opening your window (at the Brompton) and tossing some cash to the crack heads down below so they can hit up McD's again......

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

bandito: Ohnoudidint

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"Ohnoudidint"

It needed to be said.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

Everyone else knows it too, they are just trying to be polite.

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

word...you type like I think....From Slingblade...I like the way you talk!

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Response by mktmaker
over 16 years ago
Posts: 77
Member since: May 2009

You had me UES until the 500-600 psf part. I've seen this building, the lower flors are dreadful. I don't think the ceilings go over 8ft until the 11th floor or so and when you walk into these units it feels like a related rental. Hate the finishes, love the common areas. I agree that pushing 2,000 psf is insane here but if you look at new dev. comps and put in the appropriate discount I think the real mkt value that will sell this bldg is 1k psf (perhaps a bit more). Can't see less than that -- the neighborhood is not quite the cesspool you describe.

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

although there's a lot I agree with in the prior post, isn't the fireouse on the next block?

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

mktmaker,

The other new developments in the area, specifically the Lucida, are equally outrageous so they arent good comps. My issue isnt with the area, but that specific block (86th 2nd and 3rd). That block is one of the nastiest, most run down blocks on the entire upper east side. Sure, the entrace to the Brompton is on 85th but that irrelevant. The prices they are asking are absurd and insulting to anyone with an IQ higher that the McD's crackheads who frequent this "TONY" block. They must be counting on out of town people with too much money on their hands to even care about this building, and obviously that strategy backfired.

Even at $1000 psf nobody will move in (again unless you want to be neigbors with the "grown up" bridge and tunnel crew that finds it appealing). If you want to live above fast food restaurants, sticky floor movie theaters, and screaming crack heads there are plenty of apartments in the outer boroughs for far less money.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"although there's a lot I agree with in the prior post, isn't the fireouse on the next block?"

Yes, its about half a block to the west however the 24 hour a day noise is still awful.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

CORRECTION: I think I mispoke when I said they are McD's crackheads. Now that I think about it they might be Burger King crackheads. Sorry for the confusion, please carry on.

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Response by youngbuck
over 16 years ago
Posts: 39
Member since: Apr 2009

actually, i've got to say that i looked at the brompton really closely. although its overpriced - there's no denying that in my mind - i've lived in a related building since i first moved out on my own back in the late 90s. their services are honestly second to none and although i'm not defending their prices whatsoever, i've got to say that there is no new development company i'd rather buy with... except perhaps one that is selling at a few hundred dollars per square foot less. barring that, i'd buy an apartment from related tomorrow morning.

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

I think 86th is on its way to serious improvement, but its not there yet... and I think Brompton was a bit overpriced for that and other reasons.

That being said, it is a Stern building, and I like his work (not even saying 15 cpw, which is something else.... even the Chataham on 3rd and 65 is cool) and I think its worth a bit more than some of the glass or other ugly crap thats been built (yes, you, lucidia). I think this will be a nice spot in a few years when they take 86 a bit more upscale, but, no I think it wa a bad buy even compared to others at the peak of the market.

In terms of improvements, remember that a HUGE reason 86 between 2 and 3 was so bad was because of the brompton plot. It was basically an abandoned building with retail at the bottom, boarded up, horrible. I think the street suffered because of it. But with that change, with the Colorado across the street renovating a few years back, and the retail turning over and improving.... I think you're going to see a very different 86th street when you compare say 2015 to 2005.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"In terms of improvements, remember that a HUGE reason 86 between 2 and 3 was so bad was because of the brompton plot. It was basically an abandoned building with retail at the bottom, boarded up, horrible. I think the street suffered because of it. But with that change, with the Colorado across the street renovating a few years back, and the retail turning over and improving.... I think you're going to see a very different 86th street when you compare say 2015 to 2005."

While that might be true, the block itself has always been an eyesore. The crackheads wont go away unless they get rid of the BK. That movie theater only carries the movies the multiplex 1 block away doesnt show (ie the crap nobody wants to see), so you get a riff-raff crowd. The huge space formerly occupied by Circuit City will stay vacant for years (ie. bums will congregate there). The firehouse is certainly not going away, so noise will always be an issue. Lets not forget that no matter what happens, this will ALWAYS be a super busy, dirty, noisy block just due to its location. The 85th Street side doesnt fare much better, as the Post Office isnt going away and its just plain ugly.

As I mentioned before, I have no problem with the area its really just the block the building resides on. Coupled with the fact that the prices they are asking will get you a nice place on Park, Madison, or 5th Avenue and the whole thing is laughable. $1600 psf for THAT location???

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Response by rar2b
over 16 years ago
Posts: 28
Member since: Jul 2009

"That movie theater only carries the movies the multiplex 1 block away doesnt show (ie the crap nobody wants to see), so you get a riff-raff crowd. The huge space formerly occupied by Circuit City will stay vacant for years (ie. bums will congregate there). The firehouse is certainly not going away, so noise will always be an issue. Lets not forget that no matter what happens, this will ALWAYS be a super busy, dirty, noisy block just due to its location. The 85th Street side doesnt fare much better, as the Post Office isnt going away and its just plain ugly."

The movie theater on 86th between 2nd and 3rd shows better movies than the one on 3rd. For example, it had Slumdog Millionaire, the Departed, and many others that the multiplex didn't have. The multiplex usually carries the big action, animated, and horror movies that are out. The 86th st theater is better, and to say that it attracts a riff-raff crowd is absurd. It attracts the same crowd that most movie theaters get.

The firehouse is NOT an issue. The building, although with an entrance on 85th St, is set back mostly on 86th. This coupled with the fact that the fire trucks travel west (away from the building on Lex) and that the Brompton has thick walls and solid windows, makes the firehouse a nonissue.

And the post office? So what? It is a couple of doors down and doesn't bother anyone. I can't believe this is being looked at as a negative thing. How about the fact that the upscale Equinox gym has a location here? How about the fact that Brompton residents get free memberships?

I am currently renting in the Brompton and love it. The service is fantastic, and the apartments are truly beautiful. It really feels like living in a Four Seasons. I am not getting involved on the topic of price, specifically because I am renting, but I just wanted to state that the building is awesome and the location is great too.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

rar2b,

I think you are confusing a few of the issues here. First, nobody is really questioning the quality of the building itself. Second, the location is CONVENIENT but certainly not good. More importantly since you are renting why dont you ponder the following question. Would YOU pay upwards of $2.5 MILLION for the apartment you are currently in?? If so, do you enjoy falling asleep to the tempting smells of pizzeria UNO, waking up to the invigorating scent of EggMcMuffin, or spending your days hearing the delightful cacophony of "please suh, canigit a dowla fo' sumthin to EAT?"?

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

You are confusing a key issue as well--BK does not sell EggMcMuffins.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"You are confusing a key issue as well--BK does not sell EggMcMuffins."

LOL, thats funny but you are correct. I just couldnt recall the name of their version of that sandwich.

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

which, I think, proves your point--if you're not well versed in the BK menu then maybe this isn't the building for you

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"if you're not well versed in the BK menu then maybe this isn't the building for you"

HAHAHAHAHA, good grief I am about to fall off my chair laughing.......

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Response by rar2b
over 16 years ago
Posts: 28
Member since: Jul 2009

UESBandit,

While I may not agree with your opinions, you certainly are humorous.

You make it sound like 86th St btw 2nd and 3rd is the ghetto. While it may not have a Prada shop on the block, it is not nearly as bad as you make it out to be. The movie theater, Tasti Delite, and Chinese restaurant (Wu Liang Ye - delicious) are all great to have close by. So what if there are some fast food joints? Big deal. And I have not seen these crack heads that you write about, maybe I'm not out late enough to see them. But again, let's remember that the entrance in on 85th St, next to the Equinox and across the street from Jacques, a solid and nice looking French restaurant. Again, I am a young guy who is renting and have never owned real estate, so I don't have a great understanding of how much these units should be bought for. I am just defending the location.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

rar2b,

Having lived on the UES my entire life, I can tell you that 86th between 2nd and 3rd has always been a "shady" street. Having a prada shop there really has nothing to do with it. The movie theater blows (sticky floor that havent been washed since the 1980s), and the general people that are attracted to that specific block leave a lot to be desired. I am actually shocked you havent seen the crackheads/bums, they overflow into the street once the sun goes down. On the other hand Wu-Liang Ye is actually one of my favorite Chinese places, and I happen to love Papaya King. Furthermore, I like shopping at PC Richards so I am not trying to knock the overall area. My real issue is with that people paid $5m and above to LIVE in the midst of all that. I need to reiterate that for the exact same amount they are charging at the Brompton, you could get a Park, Mad, or 5th Avenue place. Since you are renting there however, thats a problem you thankfully didnt need to deal with. Again, I will ask you this: Would you spend a couple million dollars to buy the place you are currently in? I suspect the answer (after you think about it) will be a resounding NO, which is why the building is vacant and will stay that way until they drastically lower the prices.

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

"While that might be true, the block itself has always been an eyesore."

Yes, and my point is that will change dramatically now that the worst part of it is gone, and there is 3x the high end on 86th now. Yes, the current things are so-so, but my point is, I think the tide has changed and we're going to see some big differences.

Hell, didn't you read all of the post you responded to? I said "but its not there yet... "

point is, its coming.

"Coupled with the fact that the prices they are asking will get you a nice place on Park, Madison, or 5th Avenue and the whole thing is laughable. $1600 psf for THAT location???"

You can get brand new nice construction for $1600 on park/mad/5th? Where? I'd seriously consider that.

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

" I can tell you that 86th between 2nd and 3rd has always been a "shady" street."

Agreed... and being there now, I can tell you that it has already changes some, and the pace of change is the fastest its every been.

The by far worst eyesore on the main corner is gone. The old semi-abandoned building that was boarded up. I know its gone because the Brompton is not there.

I would not buy in the area for the way the neighborhood WAS. That makes no sense.
I'd still probably not buy at those prices for the way it IS.
But for how it will be... whole different story.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"You can get brand new nice construction for $1600 on park/mad/5th? Where? I'd seriously consider that."

Typically one of the major 'selling points' of living on Park, Mad, or 5th is that you can get pre-war. There are plenty of nice apartments at or below $1600 psf on those three avenues. I would personally much rather have a nice prewar (or even a 1960s-1980s) building on Park/Mad/5th over a new construction anway. Park/Mad/5th is really just another lifestyle, its quite and clean, and if its the same price why would you ever suffer living above a BK?

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"Agreed... and being there now, I can tell you that it has already changes some, and the pace of change is the fastest its every been.

The by far worst eyesore on the main corner is gone. The old semi-abandoned building that was boarded up. I know its gone because the Brompton is not there.

I would not buy in the area for the way the neighborhood WAS. That makes no sense.
I'd still probably not buy at those prices for the way it IS.
But for how it will be... whole different story."

Dont get me wrong, 86th between 2nd and 3rd is fine......FOR A PRICE. The prices they are currently charging are nuts, even when you consider what "might" happen on the street in the next few years. They need to take a long hard look at why people arent buying there now, and in this economy "it will be nice in 2015" just wont cut it. I think we are both saying the same thing however. The prices are out of whack for what it is/was. Lets see what they do with the street, THEN we can have a good debate about the appropriate pricing.

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Response by carnegie
over 16 years ago
Posts: 166
Member since: Mar 2009

I have to agree with UESBandit. There are beautiful buildings on Park AVe for the same price. Both the Brompton and Lucida are charging way too high prices for what they are.

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Response by rar2b
over 16 years ago
Posts: 28
Member since: Jul 2009

Some people may prefer new construction though. Nice HVAC controls, great common spaces (including outdoor areas), gym, plus the Related services make the Brompton an attractive option when compared with pre-war buildings a little further west. And not that I would make a decision based on this, but the Brompton lobby is one of the nicest I have seen in Manhattan. Plus, if I am not mistaken, a decent percentage of pre-war buildings west of Park may not have a doorman or may only have a part-time doorman.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"Plus, if I am not mistaken, a decent percentage of pre-war buildings west of Park may not have a doorman or may only have a part-time doorman."

You are most certainly mistaken. The majority of buildings on Park, Madison, or 5th all have full time doormen. Furthermore, most of the buildings between these avenues above 72nd Street also have full time doormen. Now of course this doesnt include the many brownstones between Park and 5th, but it is assumed we are talking about large buildings.

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

rar2b,

How noisy is it?

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Response by ccdevi
over 16 years ago
Posts: 861
Member since: Apr 2007

same theme comes up in a lot of threads, different people prefer different neighborhoods. Lots of people have no interest in the co-ops on Park/Mad/Fifth. Does the Brompton location have some grit? Sure, but a lot of people like some NY grit, and its certainly not the ghetto.

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Response by rar2b
over 16 years ago
Posts: 28
Member since: Jul 2009

The building is extremely quiet (hard to hear street noise). I would say the air conditioner sound is normal. You can definitely hear it, but it is not loud to the point where one can't sleep or watch tv. It also works extremely well and makes the apartment as cool as you want it to be quickly.

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Response by bignycfan
over 16 years ago
Posts: 27
Member since: Aug 2008

Does anyone know if any buyer, either here at the Brompton or at the Harrison, has gotten any kind of price concession from Related - closing costs, price break etc? Since many of us will soon go to closing, it would be really helpful to share this VERY important info.

I see that there are a few people here who are ranting wildly over the price per square at the Brompton. But the more helpful info NOW, since the building is nearly 80% in contract, would be whether any price concessions have been won from Related by those who have closed or are about to close.

If the extent of knowledge of the know-it-all's pertains only to what's located on this street or that, then they surely know nothing more than any other blowhard who troll these sites trying to make buyers feel bad. The opinions of the select few who blog repeatedly and rehash why it's a bad investment to buy at the Brompton reminds me of something particularly apropos: Opinions are like assholes. Everyone has one. EXCEPT UESBandit, who must have a severe case of diarrhea.

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Response by bottee
over 16 years ago
Posts: 10
Member since: Jul 2009

Hey bignycfan, LOVE the fake bullshit post.

But pretend for a sec you are real ... are you planning on closing if you don't get a concession? Because if you are, I think you answered your question about the likelihood of "concessions" from Related because you made an unfortunate bet.

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Response by bignycfan
over 16 years ago
Posts: 27
Member since: Aug 2008

If I wasn't real and serious, why would I possibly care about either of those two condos? And who, other than a shut-in or someone with no life at all, would remotely care whether Related relented and offered concessions? I mean, really now.

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Response by lousleater
over 16 years ago
Posts: 26
Member since: May 2008

Why anyone would spend $3 million and up on the Brompton or Lucida is beyond me. I don't care if you have a penthouse with 3500 sq feet -- why live in such a crappy area when you can live on Park or between Park and Lex or Park and Mad? These people had to be out of their minds -- and many Lucida apts were sold for $4 million. How'd you like to be that schmuck who paid $6 mil for a Lucida penthouse when he/she could have spent $6 mil and lived in 3500 sq feet on Park?

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

Give me a break--it's a block away from Park. So it's ok to live between Park and Lex, but not ok to cross the street and live in a brand new building. I haven't seen the Lucida apts, so I'll reserve judgment, but could I see how someone would prefer it over something a block away? Yes.

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Response by carnegie
over 16 years ago
Posts: 166
Member since: Mar 2009

Huge difference on 86th between Park-Lex-Third and Fifth-Madison-Park...

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Response by sirwinston
over 16 years ago
Posts: 103
Member since: Mar 2009

there is one quite signif difference: PS290 vs PS6

both very good, but some may have distinct preferences

i understand PS6 considered the city gold std

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Response by sirwinston
over 16 years ago
Posts: 103
Member since: Mar 2009

and PS 6 is Fifth-Mad-Park

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Response by sirwinston
over 16 years ago
Posts: 103
Member since: Mar 2009

Lucida and Brompton are in PS290

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Response by ManhattanRE
over 16 years ago
Posts: 69
Member since: Nov 2007

I would agree with Carnegie, but the comparison was Park/Lex and what comes next

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

Bignycfan,

Thanks for the laugh, however your username says it all. Being a "Big NYC FAN" clearly indicates that you are from out of town. Nothing wrong with that, however go back and re-read my assesment of who would buy at the Brompton. Only people from out of town would ever consider living there, and you just proved my point. Nobody that grew up in the city (or spend most of their life here) would EVER consider dropping a few million to live in that area, unless you have a penchant for BK and crackheads. I guess its true that a sucker is born every minute, and our 'bridge and tunnel' (if he is lucky) poster child bignycfan is a perfect example of why. The funniest part is that for less that what you paid, you could be living it up in Carnegie Hill. Let this be a lesson to you, before you buy next time check with some of the locals; we are here to help!

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"Huge difference on 86th between Park-Lex-Third and Fifth-Madison-Park"

The difference is night and day.

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Response by ccdevi
over 16 years ago
Posts: 861
Member since: Apr 2007

"The difference is night and day."

Maybe, but why you guys continue to assume difference equals better, and that the better for everyone is 5th/Mad/Park is beyond me.

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Response by UESBandit
over 16 years ago
Posts: 328
Member since: Jan 2009

"Maybe, but why you guys continue to assume difference equals better, and that the better for everyone is 5th/Mad/Park is beyond me."

I think you just nailed the crux of the argument here. What people are saying is that since there is a clearly defined difference in locations, the PRICE should reflect that. In the case of the Brompton it does not. In fact, they are charging more for some of their BK scented cookie cutters than the pre-war apartments on Park and even 5th. THAT is the issue, not whether its "better" for one person versus the next.

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