Buying into new buildings
As someone who’s looking into buying, I’m wondering what is the best way to contact buildings that are in the process of being built? For instance, I’m curious about the City Point building. Would they already be looking for buyers?
UnRed
in Real Estate - General 12 years and 3 months ago
4
Please log in, in order to post replies!
cate | 12 years and 3 months ago
string(1) "1"
object(WP_User)#4864 (8) {
["data"]=>
object(stdClass)#4906 (12) {
["ID"]=>
string(6) "176696"
["user_login"]=>
string(4) "cate"
["user_pass"]=>
string(63) "$wp$2y$10$4JNbGAK5cKoEp6kzsYVSBO7oMZphxvnQPCDInpVARCm3B1Dj6U75i"
["user_nicename"]=>
string(4) "cate"
["user_email"]=>
string(20) "cate@brownstoner.com"
["user_url"]=>
string(0) ""
["user_registered"]=>
string(19) "2017-08-10 14:24:59"
["user_activation_key"]=>
string(0) ""
["user_status"]=>
string(1) "0"
["display_name"]=>
string(13) "Cate Corcoran"
["spam"]=>
string(1) "0"
["deleted"]=>
string(1) "0"
}
["ID"]=>
int(176696)
["caps"]=>
array(2) {
["administrator"]=>
bool(true)
["editor"]=>
bool(true)
}
["cap_key"]=>
string(15) "wp_capabilities"
["roles"]=>
array(2) {
[0]=>
string(13) "administrator"
[1]=>
string(6) "editor"
}
["allcaps"]=>
array(191) {
["switch_themes"]=>
bool(true)
["edit_themes"]=>
bool(true)
["activate_plugins"]=>
bool(true)
["edit_plugins"]=>
bool(true)
["edit_users"]=>
bool(true)
["edit_files"]=>
bool(true)
["manage_options"]=>
bool(true)
["moderate_comments"]=>
bool(true)
["manage_categories"]=>
bool(true)
["manage_links"]=>
bool(true)
["upload_files"]=>
bool(true)
["import"]=>
bool(true)
["unfiltered_html"]=>
bool(true)
["edit_posts"]=>
bool(true)
["edit_others_posts"]=>
bool(true)
["edit_published_posts"]=>
bool(true)
["publish_posts"]=>
bool(true)
["edit_pages"]=>
bool(true)
["read"]=>
bool(true)
["level_10"]=>
bool(true)
["level_9"]=>
bool(true)
["level_8"]=>
bool(true)
["level_7"]=>
bool(true)
["level_6"]=>
bool(true)
["level_5"]=>
bool(true)
["level_4"]=>
bool(true)
["level_3"]=>
bool(true)
["level_2"]=>
bool(true)
["level_1"]=>
bool(true)
["level_0"]=>
bool(true)
["edit_others_pages"]=>
bool(true)
["edit_published_pages"]=>
bool(true)
["publish_pages"]=>
bool(true)
["delete_pages"]=>
bool(true)
["delete_others_pages"]=>
bool(true)
["delete_published_pages"]=>
bool(true)
["delete_posts"]=>
bool(true)
["delete_others_posts"]=>
bool(true)
["delete_published_posts"]=>
bool(true)
["delete_private_posts"]=>
bool(true)
["edit_private_posts"]=>
bool(true)
["read_private_posts"]=>
bool(true)
["delete_private_pages"]=>
bool(true)
["edit_private_pages"]=>
bool(true)
["read_private_pages"]=>
bool(true)
["delete_users"]=>
bool(true)
["create_users"]=>
bool(true)
["unfiltered_upload"]=>
bool(true)
["edit_dashboard"]=>
bool(true)
["update_plugins"]=>
bool(true)
["delete_plugins"]=>
bool(true)
["install_plugins"]=>
bool(true)
["update_themes"]=>
bool(true)
["install_themes"]=>
bool(true)
["update_core"]=>
bool(true)
["list_users"]=>
bool(true)
["remove_users"]=>
bool(true)
["promote_users"]=>
bool(true)
["edit_theme_options"]=>
bool(true)
["delete_themes"]=>
bool(true)
["export"]=>
bool(true)
["NextGEN Gallery overview"]=>
bool(true)
["NextGEN Use TinyMCE"]=>
bool(true)
["NextGEN Upload images"]=>
bool(true)
["NextGEN Manage gallery"]=>
bool(true)
["NextGEN Manage tags"]=>
bool(true)
["NextGEN Manage others gallery"]=>
bool(true)
["NextGEN Edit album"]=>
bool(true)
["NextGEN Change style"]=>
bool(true)
["NextGEN Change options"]=>
bool(true)
["email_users_notify"]=>
bool(true)
["email_single_user"]=>
bool(true)
["email_multiple_users"]=>
bool(true)
["email_user_groups"]=>
bool(true)
["NextGEN Attach Interface"]=>
bool(true)
["copy_posts"]=>
bool(true)
["ure_edit_roles"]=>
bool(false)
["ure_create_roles"]=>
bool(false)
["ure_delete_roles"]=>
bool(false)
["ure_create_capabilities"]=>
bool(false)
["ure_delete_capabilities"]=>
bool(false)
["ure_manage_options"]=>
bool(false)
["ure_reset_roles"]=>
bool(false)
["edit_ads_txt"]=>
bool(true)
["manage_feed_settings"]=>
bool(true)
["edit_feed_source"]=>
bool(true)
["read_feed_source"]=>
bool(true)
["delete_feed_source"]=>
bool(true)
["edit_feed_sources"]=>
bool(true)
["edit_others_feed_sources"]=>
bool(true)
["publish_feed_sources"]=>
bool(true)
["read_private_feed_sources"]=>
bool(true)
["delete_feed_sources"]=>
bool(true)
["delete_private_feed_sources"]=>
bool(true)
["delete_published_feed_sources"]=>
bool(true)
["delete_others_feed_sources"]=>
bool(true)
["edit_private_feed_sources"]=>
bool(true)
["edit_published_feed_sources"]=>
bool(true)
["manage_feed_source_terms"]=>
bool(true)
["edit_feed_source_terms"]=>
bool(true)
["delete_feed_source_terms"]=>
bool(true)
["assign_feed_source_terms"]=>
bool(true)
["edit_feed_item"]=>
bool(true)
["read_feed_item"]=>
bool(true)
["delete_feed_item"]=>
bool(true)
["edit_feed_items"]=>
bool(true)
["edit_others_feed_items"]=>
bool(true)
["publish_feed_items"]=>
bool(true)
["read_private_feed_items"]=>
bool(true)
["delete_feed_items"]=>
bool(true)
["delete_private_feed_items"]=>
bool(true)
["delete_published_feed_items"]=>
bool(true)
["delete_others_feed_items"]=>
bool(true)
["edit_private_feed_items"]=>
bool(true)
["edit_published_feed_items"]=>
bool(true)
["manage_feed_item_terms"]=>
bool(true)
["edit_feed_item_terms"]=>
bool(true)
["delete_feed_item_terms"]=>
bool(true)
["assign_feed_item_terms"]=>
bool(true)
["edit_feed_blacklist"]=>
bool(true)
["read_feed_blacklist"]=>
bool(true)
["delete_feed_blacklist"]=>
bool(true)
["edit_feed_blacklists"]=>
bool(true)
["edit_others_feed_blacklists"]=>
bool(true)
["publish_feed_blacklists"]=>
bool(true)
["read_private_feed_blacklists"]=>
bool(true)
["delete_feed_blacklists"]=>
bool(true)
["delete_private_feed_blacklists"]=>
bool(true)
["delete_published_feed_blacklists"]=>
bool(true)
["delete_others_feed_blacklists"]=>
bool(true)
["edit_private_feed_blacklists"]=>
bool(true)
["edit_published_feed_blacklists"]=>
bool(true)
["manage_feed_blacklist_terms"]=>
bool(true)
["edit_feed_blacklist_terms"]=>
bool(true)
["delete_feed_blacklist_terms"]=>
bool(true)
["assign_feed_blacklist_terms"]=>
bool(true)
["edit_feed_template"]=>
bool(true)
["read_feed_template"]=>
bool(true)
["delete_feed_template"]=>
bool(true)
["edit_feed_templates"]=>
bool(true)
["edit_others_feed_templates"]=>
bool(true)
["publish_feed_templates"]=>
bool(true)
["read_private_feed_templates"]=>
bool(true)
["delete_feed_templates"]=>
bool(true)
["delete_private_feed_templates"]=>
bool(true)
["delete_published_feed_templates"]=>
bool(true)
["delete_others_feed_templates"]=>
bool(true)
["edit_private_feed_templates"]=>
bool(true)
["edit_published_feed_templates"]=>
bool(true)
["manage_feed_template_terms"]=>
bool(true)
["edit_feed_template_terms"]=>
bool(true)
["delete_feed_template_terms"]=>
bool(true)
["assign_feed_template_terms"]=>
bool(true)
["edit_shortcoder"]=>
bool(true)
["read_shortcoder"]=>
bool(true)
["delete_shortcoder"]=>
bool(true)
["edit_shortcoders"]=>
bool(true)
["edit_others_shortcoders"]=>
bool(true)
["publish_shortcoders"]=>
bool(true)
["delete_shortcoders"]=>
bool(true)
["delete_published_shortcoders"]=>
bool(true)
["delete_others_shortcoders"]=>
bool(true)
["edit_published_shortcoders"]=>
bool(true)
["aioseo_manage_seo"]=>
bool(true)
["aioseo_page_analysis"]=>
bool(true)
["aioseo_page_general_settings"]=>
bool(true)
["aioseo_page_advanced_settings"]=>
bool(true)
["aioseo_page_schema_settings"]=>
bool(true)
["aioseo_page_social_settings"]=>
bool(true)
["rank_math_edit_htaccess"]=>
bool(true)
["rank_math_titles"]=>
bool(true)
["rank_math_general"]=>
bool(true)
["rank_math_sitemap"]=>
bool(true)
["rank_math_404_monitor"]=>
bool(true)
["rank_math_link_builder"]=>
bool(true)
["rank_math_redirections"]=>
bool(true)
["rank_math_role_manager"]=>
bool(true)
["rank_math_search_console"]=>
bool(true)
["rank_math_site_analysis"]=>
bool(true)
["rank_math_onpage_analysis"]=>
bool(true)
["rank_math_onpage_general"]=>
bool(true)
["rank_math_onpage_advanced"]=>
bool(true)
["rank_math_onpage_snippet"]=>
bool(true)
["rank_math_onpage_social"]=>
bool(true)
["rank_math_admin_bar"]=>
bool(true)
["rank_math_analytics"]=>
bool(true)
["rank_math_content_ai"]=>
bool(true)
["srm_manage_redirects"]=>
bool(true)
["SPF Manage Analytics"]=>
bool(false)
["administrator"]=>
bool(true)
["editor"]=>
bool(true)
}
["filter"]=>
NULL
["site_id":"WP_User":private]=>
int(1)
}
Do a search for the address on Streeteasy to see when/if there is a sales listing. Usually buildings start marketing three to six months before completion and receiving their certificates of occupancy, but it varies.
daveinbedstuy | 12 years and 3 months ago
string(1) "1"
object(WP_User)#4862 (8) {
["data"]=>
object(stdClass)#4865 (12) {
["ID"]=>
string(4) "3864"
["user_login"]=>
string(13) "daveinbedstuy"
["user_pass"]=>
string(34) "$P$BtJYyObAQmff2MQp.qFP7/kmwU1bBZ1"
["user_nicename"]=>
string(13) "daveinbedstuy"
["user_email"]=>
string(19) "djl135e54@yahoo.com"
["user_url"]=>
string(55) "http://bstoner.wpengine.com/forums/users/daveinbedstuy/"
["user_registered"]=>
string(19) "2017-08-10 14:23:53"
["user_activation_key"]=>
string(0) ""
["user_status"]=>
string(1) "0"
["display_name"]=>
string(13) "daveinbedstuy"
["spam"]=>
string(1) "0"
["deleted"]=>
string(1) "0"
}
["ID"]=>
int(3864)
["caps"]=>
array(2) {
["subscriber"]=>
bool(true)
["bbp_participant"]=>
bool(true)
}
["cap_key"]=>
string(15) "wp_capabilities"
["roles"]=>
array(2) {
[0]=>
string(10) "subscriber"
[1]=>
string(15) "bbp_participant"
}
["allcaps"]=>
array(4) {
["read"]=>
bool(true)
["level_0"]=>
bool(true)
["subscriber"]=>
bool(true)
["bbp_participant"]=>
bool(true)
}
["filter"]=>
NULL
["site_id":"WP_User":private]=>
int(1)
}
See today’s new post at 1:38
bkknight1225 | 12 years and 3 months ago
string(1) "1"
object(WP_User)#4863 (8) {
["data"]=>
object(stdClass)#4866 (12) {
["ID"]=>
string(6) "178469"
["user_login"]=>
string(12) "bkknight1225"
["user_pass"]=>
string(34) "$P$BJng5SbeKAL4P72o7Vhc8tpvCuI5lH1"
["user_nicename"]=>
string(12) "bkknight1225"
["user_email"]=>
string(22) "bkknight1225@gmail.com"
["user_url"]=>
string(54) "http://bstoner.wpengine.com/forums/users/bkknight1225/"
["user_registered"]=>
string(19) "2017-08-10 14:21:56"
["user_activation_key"]=>
string(0) ""
["user_status"]=>
string(1) "0"
["display_name"]=>
string(12) "bkknight1225"
["spam"]=>
string(1) "0"
["deleted"]=>
string(1) "0"
}
["ID"]=>
int(178469)
["caps"]=>
array(2) {
["subscriber"]=>
bool(true)
["bbp_participant"]=>
bool(true)
}
["cap_key"]=>
string(15) "wp_capabilities"
["roles"]=>
array(2) {
[0]=>
string(10) "subscriber"
[1]=>
string(15) "bbp_participant"
}
["allcaps"]=>
array(4) {
["read"]=>
bool(true)
["level_0"]=>
bool(true)
["subscriber"]=>
bool(true)
["bbp_participant"]=>
bool(true)
}
["filter"]=>
NULL
["site_id":"WP_User":private]=>
int(1)
}
To answer your question though, if you just went up to the jobsite, you can find the information of the project developers, contact info and everything. Then you might be able to call them and ask them about prospective buyers. As to the shoddy work comment previously, Yes that is always a risk you take with new construction. But you can prepare for this. Have an engineer or experienced contractor go with you to look at the site, they can best tell you what the quality of the work is and whether the deal is a sound buy or not. Get people you trust, that way they arent just trying to sell you in process.
daveinbedstuy | 12 years and 3 months ago
string(1) "1"
object(WP_User)#4884 (8) {
["data"]=>
object(stdClass)#5139 (12) {
["ID"]=>
string(4) "3864"
["user_login"]=>
string(13) "daveinbedstuy"
["user_pass"]=>
string(34) "$P$BtJYyObAQmff2MQp.qFP7/kmwU1bBZ1"
["user_nicename"]=>
string(13) "daveinbedstuy"
["user_email"]=>
string(19) "djl135e54@yahoo.com"
["user_url"]=>
string(55) "http://bstoner.wpengine.com/forums/users/daveinbedstuy/"
["user_registered"]=>
string(19) "2017-08-10 14:23:53"
["user_activation_key"]=>
string(0) ""
["user_status"]=>
string(1) "0"
["display_name"]=>
string(13) "daveinbedstuy"
["spam"]=>
string(1) "0"
["deleted"]=>
string(1) "0"
}
["ID"]=>
int(3864)
["caps"]=>
array(2) {
["subscriber"]=>
bool(true)
["bbp_participant"]=>
bool(true)
}
["cap_key"]=>
string(15) "wp_capabilities"
["roles"]=>
array(2) {
[0]=>
string(10) "subscriber"
[1]=>
string(15) "bbp_participant"
}
["allcaps"]=>
array(4) {
["read"]=>
bool(true)
["level_0"]=>
bool(true)
["subscriber"]=>
bool(true)
["bbp_participant"]=>
bool(true)
}
["filter"]=>
NULL
["site_id":"WP_User":private]=>
int(1)
}
Whatever “new construction” you look at buying, be very careful. Make sure you thoroughly vett the builder as to the quality of previous projects and any issues that have come up. New construction from unknown developers should just be walked away from. These pages are chock full of examples of roof leaks, window leaks, facade leaks, lack of insulation, etc form shoddy new construction/development.