Common Charges

We saw the 2 br apts and they're nice. However, we cannot figure out the common charges. They're asking for over $1900 for a building with a part time doorman and a small gym shared by the hotel. I have friends paying $1000 for a full time doorman/gym in a more expensive part of manhattan (similar # of units in the building) so I can't figure out where that additional money is going. I'm concerned... [more]

We saw the 2 br apts and they're nice. However, we cannot figure out the common charges. They're asking for over $1900 for a building with a part time doorman and a small gym shared by the hotel. I have friends paying $1000 for a full time doorman/gym in a more expensive part of manhattan (similar # of units in the building) so I can't figure out where that additional money is going. I'm concerned that it's being used to subsidize the Hotel in some manner, thought the realtor said that was not the case. No developer would ever OVERestimate the common charges knowing the property will be harder to sell, so something doesn't add up. I don't know much about the condo/hotel combination and would love to hear other's thoughts on the pro's/con's of this combination as well as their thinking on the common charges. [less]