Condo of the Day: Top of the Oro
Say what you want about the design of the Oro exterior (we’ve heard a wide range of opinions), but the views from the top are going to be pretty killer. So we were interested to see an open house listed this past weekend on the top floor in Unit 40F. With three bedrooms and three…
Say what you want about the design of the Oro exterior (we’ve heard a wide range of opinions), but the views from the top are going to be pretty killer. So we were interested to see an open house listed this past weekend on the top floor in Unit 40F. With three bedrooms and three baths, the 1,647-square-foot pad has definite family appeal too. The price of $1,610,000 is pretty high for the area, but there have been a couple of similarly-sized units at the nearby Belltel Lofts that have gone for around this price. We bet they’ll get within 10 percent of the ask on this one but, then again, we’re bullish on Downtown in general. (Disclosure: The Oro is a former advertiser on Brownstoner.)
306 Gold Street, #40F [Douglas Elliman] GMAP
“Everyone who wanted a home had one”
Poleguy once again posts from some imagined paradisaical past. His ignorance reaches a previously unimagined height with each new post.
I’m curious, is this joint still overpriced?
5:32
You don’t deserve anything in this world. Does the wolf whine when he is too slow to catch a rabbit?
If you are sad no one builds affordable housing, talk to the local city council member and get them to change the zoning laws. Right now, there is very little FAR available for developers. Because of this shortage, you have high prices.
The only reason prices are so high today is because lazy citizens don’t make it known to the government they won’t tolerate pandering to NIMBYs.
In the first half of the 20th century, before NIMBYism turned extreme, thousands of apartment buildings – many quite beautiful – were constructed all over New York City. Everyone who wanted a home had one, and even during the Depression when you had folks fleeing the rural parts of the country and moving to the city, developers built lots and lots of housing. Many of the earliest ethnic enclaves were created because developers built TOO MUCH housing, and it went to the poor (Look at Harlem – that was luxury housing when it was built).
The issue isn’t affordability, it’s quantity. Who cares how much housing costs. Even if they give it away for free there is so little of it, your chances of getting it is still quite low. Right now, we ration what little area we have to build to people with money. If we ration it by lottery or political connections, the end result will still be the same – no new housing for you.
if you don’t want to have to walk through the kitchen, build a wall there and make people take a right and go through bedroom 3 instead. you would have to knock a hole in bedroom 3’s wall and you would still have to walk past 2 bathrooms and a couple closets. but i’m sure people with only 1.6mn will “settle” for this solution, as they have no other choice. the nyc market can easily live without them. maybe they will go back to ohio or something.
THIS PLACE SUCKS….. PROJECTS NEXT DOOR. HIGHWAY. HOPE THOSE PEOPLE WHO BOUGHT THERE HAVE GUNS
There are no doors shown on the plan, do you have to pay extra for those.
crash, housing market, crash…so I can laugh at all this
5:33 – what planet are you living those ‘yuppie projects” on the Upper Eastside have appreciated as fast or faster then any Brooklyn Brownstone. In fact please cite any yr over yr period of history where the price of apartments (including new condos) didnt appreciate (or depreciate) almost in lockstep (%-wise) with any nearby Brownstones.
i find it a bit surprising that people think this unit is short on space. in my opinion, the only thing lacking here is closet space, but that being said, this place is on the high end of that short stick when it comes to new construction 3 BRs that aren’t jumbo sized (i.e. below 1700 sqft). this place has 3 real generously sized bedrooms, the living and dining area is by no means lacking, and the layout is very liveable as a 3 bedroom. there are so many 3 BR floorplans out there in way more expensive buildings that are way worse than this.