61–70 of 73 posts
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He said there are several others like this which I think is false, TFA wouldn’t be relevant.
There are several that are either nearly or partly (several floors) empty
Also, I initially thought that large store building was not historical, but a modern one because its style doesn't look classical and rather as a parody to the classical buildings. I was surprised that it is more than 100 years old.
Also, small buildings sandwitched between large ones like that look cute.
That building looks horrible, do people live there?
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Based on the pictures I can’t imagine anyone legally living there. I don’t know for sure, but I imagine usable windows are required for living spaces.
Every bedroom of a rental is required to have a window in New York. But in this part of town, the advertising rights alone probably vastly exceed any possible revenue from renting the building for residential use. It’s kind of like the tiny building in Times Square that has the ball on top. I don’t think people even realize there’s a building behind all of the billboards, but it was original New York Times building.
I don't think you meant this as specific as it sounds -- I suspect this requirement applies to coops, condos, and maybe even if you want to get official permission to use it as an owner-occupied single-family dwelling.
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Every bedroom of a rental is required to have a window in New York. But in this part of town, the advertising rights alone probably vastly exceed any possible revenue from renting the building for residential use. It’s kind of like the tiny building in Times Square that has the ball on top. I don’t think people even realize there’s a building behind all of the billboards, but it was original New York Times building.
> Every bedroom of a rental is required to have a window in New York. I don't think you meant this as specific as it sounds -- I suspect this requirement applies to coops, condos, and maybe even if you want to get official permission to use it as an owner-occupied single-family dwelling.
I think there's actually a parallel rule that theoretically applies to owner-occupied buildings, but for obvious reasons there's a lot less enforcement. Beyond real estate agents not listing an illegal bedroom as a bedroom, for example, nobody is going to hunt you down for using a non-bedroom as a sleeping place.
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There are several that are either nearly or partly (several floors) empty
I mean yeah its vacancy rate is like 20% in NYC… I asked for a source on buildings that are purposely vacant for advertising and it seems like that doesn’t actually exist
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I don’t understand. Do you think the Dutch came to Manhattan in the 1620s and found it fully built out with streets and skyscrapers?
Wow, people are completely misinterpreting my comment. I'm lamenting the loss of farms in manhattan.
At least there’s Central Park, that’s several hundreds of billions of dollars of real estate set aside for public use.