Using a broker for NYC apartment, yay or nay?

yea around christmas time its pretty much required

1/2 a month’s rent? Seems pretty generous.

Is this 1/2 month’s rent divided by the number of doormen, so a few hundred bucks each?

Not really “a few hundred”, as the building has a ton of staff. They are all excellent, and in general, I am a good tipper when it comes to good service.

ohai you rent? i always thought you own…

+1 Fedex has a pick up spot around the corner from me open till 9 or 10pm so even that hasn’t been an issue. It does help not to shop online that often.

My gf does a lot of online shopping, thankfully most amazon stuff and whatever she gets is usually USPS/UPS and we havent had any problems. The buildings super keeps an eye on eveyones packages in the common area and I havent heard of any problems (a few other regulars who get lots of packages in the building havent had issues either)

I plan to avoid doorman as long as possible, but obviously depending on your location/style of building it may be the only option. I used to miss a ton of packages at my old building w/ no doorman.

Do you pretty much use Fedex for convenient delivery of your cat toys?

Nah, I did conduct extensive research that is probably 3x as much as the normal person who buys anything here. However, my conclusion was that it was not worthwhile, since I am not likely to stay in one place for a long time, and there seem to be good capital deployment opportunities in liquid markets.

Agree it probably depends on the building. Mine have residents of 30+ years so that helps.

Generally I think doormen are a waste if renting but a must if buying.

^ Why the distinction between buying and renting? I don’t see a need for a doorman in either case.

I guess she likes the notion of “owning” humans. High powered attitude there.

Resale value. Too many people won’t consider buying without a doorman

makes sense. altho i figured you would take a bite during/after the recession.

Not sure that’s the case anymore. Plus you’re paying extra for a doorman through monthly maintanence so theoretically that should all be factored in.

Yeah, people do like services like doormen, but they also like saving $500 or more on maintenance costs…

Regarding buying real estate during market downturn, maybe I would have if I had more money. However, I was just starting out in my career, and the truth is that I did not have much to invest. Plus, everything else was cheap as well. I still have some stock that I bought when SPX was in the 700s, for instance.

You’re in your 30s? I thought you were older for some reason.

yea def a better investment. but your net worth could of been higher with a house :wink:

I’m like 31…

buying in NYC right now is not worth it… should probably start a new thread… but for a $1m apartment between paying maintenance fee >1500 and property tax another +1000 you might as well just rent…best case scenario is after 10+ years you sell and break even after commission/fees/taxes… most people buying today are going to lose

While I agree with you, renting for life doesn’t seem prudent. And Brooklyn is out of control! Now what? Jersey?