Upgrading to 60 Amps


How much work is involved to upgrade an apartment’s electricity supply from 40 amps to 60 amps? Does it just involve upgrading the supply into the unit, or does it require rewiring the entire apartment? It’s for a 1300 sq ft unit in a pre-war coop building.

Categories: Electricians
By greenwood | 07/09/2010 9:45 AM | Comment

Comps Question


I’m currently considering buying an apartment in a large pre-war coop. One unit I’m interested in has a 200 sq. ft. private rooftop terrace (there’s a common building terrace adjacent to the private one). Not many units have a private terrace and there are almost no comp sales in the last few years. However a number of similar apartments without terraces have been sold recently.
How much more valuable do you consider a 2 bedroom coop with a terrace vs. one without? For example if 1,000 sq. ft. units with no terraces are going for say 600/sq. ft, how much of a premium would you pay per sq. ft. for the same apartment with the 200 sq. ft. terrace?

Categories: Co-Op Related
By greenwood | 06/14/2010 9:28 AM | Comment

Water main replacement


Our landlord has just hit everyone in our building with a 5% rent increase. He claims that part of the reason is the $40,000 he had to pay for a new water main.
(The city is replacing the water mains under the street and the landlord said he had to pay for the pipe into the building). Is this really something he has to pay for, or does the city handle this? And if he pays, is $40,000 a realistic figure?

Categories: Plumbing
By greenwood | 05/18/2009 12:06 PM | Comment