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Thats a nice piece but in this city, location location location
yea the loft is hot, but you might have to walk a mission to travel anywhere. also the neighborhood is important, yea i guess living in this city if you can afford a loft like that you can afford parking spaces, parking tickets, paying the meter, paying for gas etc to travel in this city.
Real estate in the city for living purposes no longer abides by the SQ FT x $$, that usually applies to retail businesses. NYC Living Real Estate is about Location, Furnishing, Space (ceiling height), and Doormen.
I own a Brownstone in the UWS (property value is 55M - located right off broadway) which is approximately 14 apartments (for rent only ATM). I have 3 rooms left that are under rent control from nyc. After I get the 3 rent controlled rooms closed, I'll continue with my 2.5M renovation of the building. Probably making duplex's out of the brownstone for 4 apartments for rent, the penthouse apartment for sale (with roof/patio decor) as well as a business below (currently a laundry/dry cleaning business = $$)
So if there are truely people serious in living within this city, I'd say to scope out the location over the luxurious apartments. Not many people in tribeca can say they have a 24/hr Burger/Pizza Joint, 24/hr Supermarket (Westside Markets), 24/hr Candy Store (cigs/phillies/dutchies/beer), and a laundrymat right under them. Then again if you can afford a loft in tribeca like the one posted, I'd suggest you have your own laundry facilities and transportation to buy the necessary goods to keep your loft stacked.
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I PUT TRADEMARKS AROUND YO MOTHAFUCKIN EYE
JUST ME N YOU
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