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  1. I don’t want to misquote him…here it is:

    “maintenance inlcudes the real estate taxes, the underlying mortgage, and all the services including 24-hour doorman. Plus this is Brooklyn Heights it’s not some windswept street Downtown. Why do people assume living in an Art Deco highrise co-op in Brooklyn Heights will be cheap?”

    I swear, if this were a regular forum message board, that would be my sig. Crassic.

  2. Minard doing the Lord’s work in the CotD thread.

    {paraphrasing}

    “This isn’t some windswept downtown street. This is art deco Brooklyn Heights. There’s a reason the maintenance is high”

    Bless his soul.

    BTW, I’m going to switch from amortized to perpetual and see if my lender will pre-approve me for a higher cap.

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