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The Renaissance - maintenance costs are huge

Started by notadmin
over 14 years ago
Posts: 3835
Member since: Jul 2008
what's up in this building? There are 2 bedrooms/2 bathrooms with maintenance costs of almost $2k, around what those types costs to rent when they are rent stabilized (very common in this neighborhood btw). Both rent stab and ownership in this building had similar income restrictions (now lifted for this building apparently). Wonder whether this high CC were present when people bought their units, around 5 years ago. In any case, seems to me that they could sell to a household that earns $200k+ (hence not able to get rent stab) each year willing to live in Harlem but not getting a whole lot more space in return and in a not that nice building. How many households like that are around there?

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