jo84's Profile
Author's Posts
August 3, 2009
Checking on Progress for Tax lot
Hey -
I posted lat week about waiting for my condo to obtain tax lots. Someone mentioned that you could look up where things were in the process on the Department of Finance's website.
Does anyone know where to do this? The property is 122 Sterling pl.
July 30, 2009
Tax Lots for Converting Condo
Hi-
This is my first time posting here. I recently found a place on Sterling in the slope that was a rental building being converted to condos. I was fully warned about how risky it can be being one of the first buyers in a building such as this. But the price was right and I was willing to wait to move in.
However I'm curious about timeline, part of my contract had a drop dead date for the building plan to become effective. Another part of the contract had a date by which the first closing in the building would occur. If they don't makes these dates the contract is void.
The building plan is already effective but now we are waiting on tax lots before we can close.
Does anyone have any idea how long this process can take?
Any info would be appreciative.
Author's Comments
Yes, according to the broker they have 15% in contract.
I would love that!~ 122 Sterling pl. Brooklyn NY 11217
Thank you so much this is really so nice of you.
Posted by: jo84 at July 31, 2009 2:25 PM in response to Tax Lots for Converting Condo
Thanks for the response. I just don't know what is taking so long the building plan has been effective for some time now.
Outside of the tax lots is there anything else we might be waiting on?
Posted by: jo84 at July 31, 2009 11:45 AM in response to Tax Lots for Converting Condo
Responses to Author's Forum Comments
Do you mean effective as in the condo had 15% of its units in contract? Because that is what "declaring the plan effective" means. if you like, you can give me the address & I can really tell you what's taking so long since everything has to be recorded with the City.
Posted by: Miss Breukelen at July 31, 2009 1:57 PM in response to Tax Lots for Converting Condo
Yes, according to the broker they have 15% in contract.
I would love that!~ 122 Sterling pl. Brooklyn NY 11217
Thank you so much this is really so nice of you.
Posted by: jo84 at July 31, 2009 2:25 PM in response to Tax Lots for Converting Condo
In my professional capacity I've hosted ~15 shoots in various properties (all historic, all with busy schedules) and in my personal life, we've had a 7 day indie release shot in our house. From my perspective, here's a short list of good/bad:
BAD: HUGE numbers of people on your site. A small/mid size motion picture unit is 5-10 trucks plus 50-75 crew. A large is 15 trucks and double the crew. Not all of the crew will be in your space at the same time but all of them will need access to your surroundings. Streets, sidewalks, stairwells, whatever. They'll need it and take it.
BAD: Many film people tend to ask for forgiveness instead of permission while they are doing their job. This comment isn't meant to be slanderous to the profession, it's just the nature of their job. They're under a serious time crunch and chances are that when they're on location, they're working 16 hours out of 24. Anything that slows things down is a problem that they want to solve in the shortest/quickest way possible.
GOOD: For the most part, the first offer of cash is the low ball. Even indie shoots budget much higher than the $1500/$500 offers. For the indie shoot (with major stars) in our house, we got $3k/shoot day plus $1500/prep day. Majors, depending on how invasive they are (I'm thinking special FX here. Pyro, blood, stunts) commonly settle for a LOT more than that.
GOOD: It's fun. Crazy but fun. And you'll have a momento for your grandkids to laugh at later.
The biggest piece of advice I can give is that you should never assume that their understanding of terms is equal to your understanding of terms. If you're not in the business, you won't have the same context for terms as they do. See my note about unit sizes. You might hear them say small unit and think a couple of trucks and they might actually be saying much more. Don't be afraid to ask many, many questions. The location folks that approached you will be more than happy to answer them and unless they're bad, they'll be inclined to give you a clear and honest (ish) answer. After all, there's nothing worse than having to talk a panic ridden location owner down from the ledge as their units are pulling up to the door.
Hope this helps.
Posted by: fauxvic at October 29, 2009 1:51 PM in response to Renting Your Place for Movie
Dont do it. http://news.bbc.co.uk/2/hi/americas/923415.stm
Posted by: sjcg at October 29, 2009 1:52 PM in response to Renting Your Place for Movie
Dont do it. http://news.bbc.co.uk/2/hi/americas/923415.stm
Posted by: sjcg at October 29, 2009 1:52 PM in response to Renting Your Place for Movie
I think I'm more inclined to blame the government person who thought it was ok to have a film shoot on Machu picchu than the film crew.
Posted by: kramer at October 29, 2009 3:09 PM in response to Renting Your Place for Movie
fauxvic is right $1500/$500 is definitely their low ball offer. When we rented our house in L.A. for a commercial we were paid $6K/day plus hotel expenses. We had an agent representing us that had someone on site to monitor the production and to communicate directly with us for anything that varied from what was agreed upon. They also supervised clean-up.
Posted by: HDL at October 29, 2009 4:08 PM in response to Renting Your Place for Movie
If I was on the board of your coop I would never allow it. It will disrupt the entire building for the gain of a single shareholder. Plus it constitutes commercial use. I can't believe a board would let you do this.
Posted by: denton at October 29, 2009 6:10 PM in response to Renting Your Place for Movie
They probably wouldn't, but if the fee to the coop was worth the trouble (are they doing exteriors?) they might at least discuss it. Who knows? The commercial use clause might be the kicker though,
Posted by: Minmin at October 29, 2009 6:14 PM in response to Renting Your Place for Movie
I work in the film business (as tech crew).....make sure they tie into their own source of power, not yours. Or charge them extra for electricity. You won't believe how much amperage lights draw....and I second all the above "cons" even though I have shot in many, man homes around the area.
Posted by: sogo at October 30, 2009 7:58 AM in response to Renting Your Place for Movie
I work in the industry and I wouldn't do it. The damage that kind of equipment can cause is huge. It may be little things but they are bound to scratch floors, ding up walls, etc.
If you do decide to go for it put hours restriction as part of the deal, make them pay you overtime. Any studio would do the same thing. If they aren't paying hourly they are bound to take longer.
Posted by: jo84 at October 29, 2009 1:51 PM in response to Renting Your Place for Movie