MacD's Profile
- SKR
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Author's Posts
July 23, 2008
Heating Oil Company/Resources
I am in the process of doing research on how to handle the oil for my 3-family brownstone for the next 12 months. So far I have contacted my local drop delivery oil COD guy, whose price today is $4.49/gal. There is also Petro who is offering a $4.74 lock or $5.19 cap rate (also a $4.29 drop rate, but I'm told that may be a "teaser"), then HEATUSA is at $4.32 today and you sign a 1 year contract. Rates are not fixed with HEATUSA. Finally, there's an organization called NYIRG. With them you join by filling out an application and submitting a $30 fee, but I couldn't get anyone on the phone to tell me what their rates look like. Anyway, can anyone else tell me what they are finding/doing for the coming year?
Thanks.
June 19, 2008
Corner of Bedford and Gates
Anyone know what's going into the corner lot (SW) that used to be a day treatment program "Determination House?" I've heard possibly a supermarket, but others think it'll be more housing. Anyone know?
April 5, 2008
tub reglazer
Can anyone please recommend a quality shop/person that does tub reglazing? I have an old tub in a rental unit that was previously painted, is now peeling, and is in need of reglazing.
Thanks.
April 2, 2008
Oil bills this winter too hot for me
Dear fellow brownstoners:
This was my first winter in my new brownstone, and I learned a lot about heating and heating costs. I don't have to tell you that oil prices were sky high over the past 8 months. Not only that, but in my case, the boiler which is old but functional, kept breaking down. I'm told this is due in part to the fact that the tank is 1/2 full of sludge. As a result, I could only fill about 100-150 gallons at a time, and I had to pay close attention, lest the sludge clog my boiler and shut it down. This constant attempt to keep things regulated was pretty sucessful, but I still had about 12 episodes when I had to call a dear neighbor or friend to come by and check out/fix my system.
The long and the short of it is, I am considering all of my options for next winter. Here are the options that I am aware of:
-- Clean out the sludge in the tank and see how things go next winter.
-- Convert to a gas system.
-- Figure out some other, more green option.
No matter what I decided to do, it has to be cost effective, not break down 12 times, and hopefully have some kind of pricing incentive program.
Please share your ideas, suggestions, knowledge.
Thanks so much.
March 25, 2008
Huge taxation increase - What to do?
I am writing this question on behalf of a good friend of mine who owns a small commercial property on the Clinton Hill/Bed Stuy border off of Fulton Street. Last year, taxes for his commercial property (i.e small parking garage with office) ran in the area of $12,000. This year, they are being raised to $30,000 with no explanation. He is trying to hire a lawywer, but is having difficulty finding someone with experience in this issue to handle his case. The taxation department has reviewed his case already at his request, and does not seem to be budging on the increase. My friend wonders if something fishy is going on, and I have to agree with him. Over the past few years many investors have approached him with offers to buy his property (the building is not what they are after -- obviously it's the land for building coops, or whatever). At any rate, he's never entertained selling, which is why he's wondering if someone is behind the sudden taxation increase (i.e. [getting someone from that office on their payroll) to force his hand into selling. Sounds a bit paranoid, I realize, but stranger things have been known to happen. Anyway, he wants to keep his place, but doesn't want to pay the increase in taxes. I'd appreciate any suggestions or recommendations you might have. Thanks in advance for your help.
October 8, 2007
Plaster dust
Just finished doing some renovations, and I cannot seem to get rid of the plaster dust that is coating my hardwood floors. I've used vinegar and Murphy's Oil Soap, but there remains a residue. Anyone know how to get rid of the stuff once and for all? I've tried three times already.
Also, anyone know of a good cleaning service to do deep cleaning? I'd like to get the carpets, insides of regrigerators, windows, etc. cleaned before the weather starts to turn cold.
Thanks.
August 24, 2007
HELOC
I closed on my 3-family brownstone in April, 2007 and am having trouble getting a HELOC. HSBC won't give one to me until I have 2-yrs history as a landlord since my ability to pay the mortgage depends on my income plus the 2-apartment units I am renting. I am looking for a fixed-rate HELOC. Anyone know where I can get one for @ prime w/o having to pay for closing costs? Thanks.
Author's Comments
No way on the Bainbridge listing. I live in Bed-Stuy and am a fan of where it is now and where it's going in the future, but this listing sold for about 1/2 price in 2005 and is less than 16' wide. Plus, it's only a 2-family. For $700K and NOT in the Historic District proper it is not priced to sell. Sorry.
Posted by: MacD at August 24, 2007 1:27 PM in response to Open House Picks
We probably ARE entering into a recession, but why are places worse bets than a new condo/coop development in, say, downtown brooklyn where everything is over-sold and speculation is still booming? I would think that owning a house and having tenants would be just the right thing to do now (as long as you get a reasonable fixed-rate mortgage). If the Bainbridge place as $100K less, I'd say grab it and hold on tight for whatever ride we are about to have. Bumpy? Probably. But so what if you're in it for the long haul.
Posted by: MacD at August 26, 2007 3:27 PM in response to Open House Picks
This place looks amazing. The only thing is that on Lefferts Pl (which is a beautiful stretch of a street in and of itself)is sandwitched between Fulton street on one side and Atlantic Ave. on the other. Since the big yellow Mansion is across the street from this listing, that means this place has Fulton St. behind it. The huge and lenghty back yard might help to minimize that issue, but I'd wonder about the noise, neighborliness, and safety aspects of having Fulton St. at my back when going to sleep at night.
Posted by: MacD at August 28, 2007 2:04 PM in response to House of the Day: 59 Lefferts Place
I loved the tour. Not a display of "same ole' renovations," but a lovely and diverse showing of people's homes. I felt inspired by the more modest homes where the owners relied on creativity and brains to create a lovely atmosphere. The larger homes with the detail were amazing, and I enjoyed the 'hood overall. I even found a vegetarian restaurant on my way back to BedStuy that I enjoyed more than I thought possible (I guess it hit the spot after seeing 10 places), and am really looking forward to seeing the BedStuy house tour. Thanks to my Crown Heights neighbors who opened their homes to us. I really appreciated it!
Posted by: MacD at October 8, 2007 12:24 PM in response to Crown Heights North Tour Open Thread
I would also like to put in a bid for the mantle. Can pick it up at any time. Thanks!
Posted by: MacD at November 27, 2007 3:12 PM in response to original fireplace mantle
10:27 - I'll print out the information from your link and give it to him. Thanks. It's good material.
10:37 - I do not believe his property has been recently rezoned.
4:01 - I did a comparison on Property Shark and no one else -- not even other commercial properties -- are experiencing the same type of increase.
10:52 - Thanks for your understanding. That was nice to see.
Anyone out there know of a Shark Attorney who can handle this mess?
Thanks.
Posted by: MacD at March 25, 2008 10:58 AM in response to Huge taxation increase - What to do?
P.S. To my replay to 4:01 - I meant to say that I did a comparison on Property Shark OF HIS BLOCK and no one else -- not even other commercial properties -- are experiencing the same type of increase.
Posted by: MacD at March 25, 2008 11:05 AM in response to Huge taxation increase - What to do?
Anyone else thinking Opera House in Australia?
Posted by: MacD at May 6, 2008 7:53 PM in response to Closing Bell: Gehry's Arena Turns Blue
There is a Best Western right off of the East New York stop right now. I wonder if these hotels work for people who need layover sleep from the airports.
I realize these hotels are right off the LIRR, but Nostrand Ave. is also an A-express stop with service to Kennedy -- well within walking distance to Atlantic Ave.
Posted by: MacD at July 10, 2008 1:16 PM in response to New Northern Crown Heights Hotel in the Works
Responses to Author's Forum Comments
have you considered switching to gas? I switched a couple of years ago and my bills went down to about half of what they were- (about 700-800 everyt two months in the heart of winter.- so around 2500-3000 on the year) before the recent run up in prices- so probably more savings now- the conversion costs between 4 and 5 grand- typically and the two other benefits are no oil storage and no delivery.
Posted by: filmmer at July 23, 2008 2:06 PM in response to Heating Oil Company/Resources
Gas and wood inserts into my fireplaces. Unfortunately, I don't see a way around high oil prices without exploring alternatives.
Posted by: moreteasir at July 23, 2008 3:56 PM in response to Heating Oil Company/Resources
use NYPIRG - I saved a significant amount of money using them a number of years ago (I subsequently sold the building)
Posted by: timber at July 24, 2008 11:42 AM in response to Heating Oil Company/Resources

I just came back from the Stuyvesant Heights listing. Wow! It is amazing. Didn't get to see the mechanicals, but what I did see was warm, inviting, and detail-popping beautiful! Of course, every new home is going to need work, but it looks to have been loveling maintained. I hope it goes to a good owner who plans on living here for a while. Anyone would be proud to call it home.
Posted by: MacD at August 19, 2007 4:30 PM in response to Open House Picks