Co-op of the Day: Turner Towers Two Bedroom
We can’t get enough of Turner Towers so luckily for us there always seems to be something on the market there. At the beginning of January we took a look at Apartment 2J which had started out back in June at $749,000 and worked its way down to $599,000. Today’s two bedroom is on a…
We can’t get enough of Turner Towers so luckily for us there always seems to be something on the market there. At the beginning of January we took a look at Apartment 2J which had started out back in June at $749,000 and worked its way down to $599,000. Today’s two bedroom is on a much higher floor but looks like it still has the original prewar kitchen (which could be a plus for some people). The asking price is a full $100,000 more than 2J, though, so it’ll be interesting to see how this does. Does anyone know which apartment this is and how long it has been on the market?
Turner Towers 2 Bedroom $699,000 [Craigslist] GMAP P*Shark
Co-op of the Day: Turner Towers, 2J [Brownstoner]
Building photo from jcohen
“Oh, wouldn’t the world seem dull and flat with nothing whatever to grumble at?” W.S. Gilbert
I have no idea why the 25% flip tax is so high at this building. The original CO-Op must have tagged that percentage onto it. I imagine that if the tax is not curtailing sales, the Board will not want to say goodbye to the cash flow.
To the person asking what a flip tax is and how it works; there are no exceptions, everyone who sells pays the fee (somehow it was coined a “tax”), even people who move within the building. I know it has been challenged in court and has survived just fine.
i don’t know Mr. B, but i’ll take your word for what you say about him.
and given that, i’ll just have my last word on this subject: “well said Bob999!!”
Hey, Anon 7:46, people have been writing along this theme for a couple of days, so I’m going to respond: it really warms my heart to see somebody in this dumb-ass country noticing how important real journalism is. (As opposed to the Post, Fox News, etc., and as opposed to blogs.) This seems to be what you’re saying when you remark, “Brownstoner needs to do actual research rather than just allow anonymous posts.” Aside from the fact that Mr. B often does do excellent research, the thing is, Brownstoner IS a blog, albeit my favorite one. Blogs typically have one staffer, usually unpaid. And they let everybody speak (or rant). That’s a blog. While Mr. B has journalistic background at a magazine, if memory serves, and has excellent taste in headlines and pix and mixing up stories, he has never held himself out to be publishing a newspaper-level enterprise. Which he couldn’t possibly do without at least a few reporters, and preferably about 20, easy, given the vastness of this borough. Brooklyn, you’ll recall, is something like the 5th largest city in the country. What, he’s supposed to be the editor, the publisher, the reporter, the designer, the photographer–have you ever worked at a newspaper? It don’t work like that. Brownstoner is, as they say, what it is. It relies upon the imput of its constituency. And it’s a good thing.
Well, I’m not a troll. I lived there from 1998-2001 and there were bug issues but isn’t that true in every building? It’s a huge building and some hallways are nicer than others. Some are dank and full of resident’s crap despite rules forbidding this (my pet peeve). I’m quite sure a broker would have taken you on a tour of the nicer areas. The gym WAS depressing and I’m glad to hear it’s been revamped.
I don’t think you need to have “proof” of any negative items nor do you need “proof” to post anything positive either.
Brownstoner needs to do actual research rather than just allow anonymous posts. It would be a much better blog if people posted with specific info. about the alleged bug problem from the board meeting minutes, or from talking to a board member, rather than yes there is, no there isn’t dialogue. And why don’t people who live there and love the place send brownstoner some pictures of the hallways so people can decide for themselves. Enough of this complaining about the complaining.
“I disagree completely that person was a troll. That person’s comments were specific and detailed, and obviously coming from having seen the building,”
Trolls can still see buildings. I was taken for a tour by a broker who knows the building well, we turned down the apartment at the time, but the corridors under the building were white and well-lit, clean. The total opposite of “depressing”. The gym was a room with an equipment in it, only an idiot or a troll would call it “depressing”, what do they want, something from the four seasons? The laundry room was perfectly reasonable.
The overall impression was the building super(s) were quite proud of their patch.
The lobby is darker, yes, (and lacks seats of any kind), but clean and since it is full of detail it gives an impression of how it might originally have been.
In a different thread someone explained that the “flip tax” encourages purchasers who commit to live in the building for years or to leave feet first as the saying goes. This brings more stablility than people who are looking to make a quick killing (and you know who you are out there).
the issue is why the flip tax in this building is so high? it’s not as if their maint is so low.
why is it different than every other building in NYC?