House of the Day: 227 Berkeley Place
We were wondering why the price tag on this Berkeley Place house was only $2,799,000. Then we got to the part in the description about the single rent controlled stabilized tenant in a studio on the top floor. Losing the half-floor of space is less of a bummer than the fact that you have to…
We were wondering why the price tag on this Berkeley Place house was only $2,799,000. Then we got to the part in the description about the single rent controlled stabilized tenant in a studio on the top floor. Losing the half-floor of space is less of a bummer than the fact that you have to keep the entire stairwell public. Then again, that’s why this place (which has some pretty kick-ass plaster and woodwork) isn’t priced in the mid-threes. It’s a tricky situation though: Most folks with $2.8 million to spend don’t want to be bothered with this kind of thing. Clearly the tenant doesn’t want to bought out or the current owners would have done so before putting the house on the market.
277 Berkeley Place [Corcoran] GMAP P*Shark
Photo by Kate Leonova for Property Shark
Having a good and gracious broker is important. Other brokers from competing firms do not want to deal with a broker who has a bad reputation in dealing with people. The house was on the market a year ago with Brown Harris Stevens and got offers considerably less. House has high taxes, units are not separately metered for electric and the duplex is a little weird with a very small kitchen. The upper unit is a big problem.. Can’t get the guy out.. All those little aparts. make conversion to a one or two family difficult. If it was priced at $2.5 it might garner interest.
9:29, alas, she cannot answer, for she has closed her laptop and will never be back on this blog.
BPG,
If you don’t like your landlord, move out.
Go back to Turkey.
Why does this country owe you a subsidized apartment?
What makes you so special?
BPG at 9:24–RU for real? You suddenly spelled your own street name incorrectly.
Anon 8:30–Read the thread. There is a distinct difference between RC and RS. RC is an older set of laws, and it’s much harder to evict if someone is RC. And someone under RC at this point is more likely to be elderly, which is a whole separate can of worms.
I can’t imagine a landlord in North PS having more citations than him. He has been brought to court by two tenants (not me) several times. The ceilings are collapsing in the basement apartments, those tenants have had several building inspectors come over. Perhaps if other neighbors started accosting him on the street, or leaving him notes, he would be shamed into doing it … I am told that the doors & paint are the same from 40 years ago, and it shows.
I am not meaning to turn this into about the brownstone I live in, it is just physically repulsive to read comments by others figuring out how old/how almost dead a human being (my neighbor!) is. It is gross, and I don’t care how much money it will save you if the person takes a “buyout” from where they have lived for decades or dies in their RS apartment in 5 years vs. 10 years or whatever. When I close my laptop after typing this – I will never be back to this blog.
Counting down the minutes/days/years of a persons life on a blog & defending it as an equation to be plugged into the business/real estate transaction is repugnant and ghoulish. I don’t want that kind of person in this neighborhood, they would be more out of place and unwanted here than us RS tenants.
so back to the front door, bp girl. have you guys exhausted all possible avenues to get it fixed cause it looks REALLY bad!!!!
a new door would really spruce up the outside and not make the entire building stand out as the lone slum on the block.
Interesting about the broker… I dealt with her, albeit very briefly, at another open house a few months back and thought she was extremely frosty… And we could easily have afforded the home she was peddling…. But didn’t want to deal with her.
rent control, rent stabilization, they are the same basic thing. it is rent protection that gives renters weird psuedo-ownership rights to a building tha they do not own. both divorce the rent charged with the costs of actually running a building. bureaucrats set the rents not the market -a sure recipe for disaster.