Co-op of the Day: 47 Plaza Street West, #11B
This new listing at 47 Plaza Street West isn’t quite as huge or swanky as its 11th-floor neighbor (which appears to have sold very recently) but the two-bedroom, two-bath co-op is impressive nonetheless. The apartment has all the prewar touches that you’d expect from a Candela building. Probably the only nit we can come up…

This new listing at 47 Plaza Street West isn’t quite as huge or swanky as its 11th-floor neighbor (which appears to have sold very recently) but the two-bedroom, two-bath co-op is impressive nonetheless. The apartment has all the prewar touches that you’d expect from a Candela building. Probably the only nit we can come up with is that the second bedroom is on the small side (though you could close off the dining room and solve that problem). At $1,768, the maintenance isn’t low, but then again it’s a full-service building. The asking price is an even $1,000,000. Think it’ll fly? (Note: We’re removing the Pricing Widget until we can get a more sophisticated version built with predictive measures other than the average price, which 99 out of a 100 times dramatically understates the ultimate sales price.)
47 Plaza Street West [Corcoran] GMAP P*Shark
LA and Chicago are not good comparisons. Primarily because those are not places where land commands a premium due to scarcity. The immediate Bay Area has a land scarcity issue. Mostly because development is restricted in most of the major cities OR land is close to full utilization.
Oh, Look! 11217 provided a list of other expensive cities! Wait, did I predict that? Jaysus H. Christmas.
Hmmmm….how did I become a hooker rob?
M4L, you know nothing at all about the mindset of wealthy people if you think for one second that they don’t consider the price of things. Like I said earlier, wealthy people have their price limits too – if they didn’t they wouldn’t remain wealthy.
I hear you, Ishtar!
Also, the prices 11217 listed are generally for comparable space. Your average house in Cali is about the size of many pre-war two bedroom apartments in NYC.
quote:
like when we go into a deli to get bottle water and they charge $1.25. I know it’s more than at duane reade charging 75c or if I buy pack from costco @ 25c per. but at 1.25 and fact I want to drink the water now, I say F it and buy it cause I can afford to absorb/ignore the diff. This is an extreme example but you get the point
OMG you so ghetto! you mean you dont buy bottles of water that cost 8.50 each? but it comes from the tears of vegan angels!
*rob*
Jeez, brownstone brooklyn has always been expensive relative to the row houses out in queens and bensonhurst. Back in the day in industrial cities, the biggest and grandest houses were for the factory owners, a little further out were the managers and professional folks, and up the hill/down the hill were the workers. If you want to see a grid like that travel to Lambertville NJ. Factory town with grandest homes on north main and george, less grand on deleware(where the grand “Twins” were) and small singles/rooming houses out the edges.
Manhattan is also experiencing a “baby boom” among the wealthy that is unique among U.S. cities. Since 2000, the number of children under age 5 living in Manhattan has grown by more than 40%.
http://nymag.com/news/intelligencer/topic/67288/