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Upscale neighborhoods in Manhattan?

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Old May 6th, 2012, 08:38 AM
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Upscale neighborhoods in Manhattan?

I recently visited Manhattan and will most likely return again... What are upscale neighborhoods in Manhattan? It would be great if you could give by Upper, Midtown and Lower Manhattan. Lower Manhattan is more my preference.
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Old May 6th, 2012, 09:15 AM
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Sophie, When you think upscale in Manhattan the upper eastside immediately comes to mind. In Downtown, Soho is also upscale with excellent shopping and hotels.
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Old May 6th, 2012, 09:15 AM
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There are upscale neighborhoods, upscale blcoks, and areas which are upscale but do not necessarily appear to be so.
Then are expensive hotels in areas that are just trendy.

What are you looking for and why?

And what is your hotel budget?
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Old May 6th, 2012, 09:23 AM
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This is in terms of living not visiting...

Money is not an issue at all. I am looking for upscale neighborhoods that are and look polished not the - "areas which are upscale but do not necessarily appear to be so" type.
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Old May 6th, 2012, 09:27 AM
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Soho is on my mind... Have another area around SoHo?
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Old May 6th, 2012, 09:50 AM
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I would prefer personal experience rather then a television series. The guy who asked what I was looking for has the right idea.
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Old May 6th, 2012, 09:54 AM
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I don't think you have a good understanding of the scene in New York. With a few exceptions there are no areas that are exclusively upscale. You can get a building with $25million condo that is a few doors away from a walkup where apartments rent for $600 a month. Or next door to a jail.

You should narrow your search to one or two neighborhoods, find the blocks you like in those areas, and then look at the individual buildings.

Are you looking to rent, or to buy?
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Old May 6th, 2012, 09:57 AM
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..and if you don't mind, what kind of price range are you looking at? If you care to divulge this, we can give you a few ideas for individual buildings that are fabulous!

But be aware that in some buildings, particularly coops, having the cash is only the first step in the process. You'll have to be interviewed and have to share a ton of personal information, financial and otherwise. There are plenty of very rich and very famous people, as well as some regular folks, who have not been allowed to buy in the building of their dreams even though they had the cash.
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Old May 6th, 2012, 10:02 AM
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Corcoran.com

You need a Realtor for this, not a travel forum. Be prepared to be asked and to provide all your pre-qualifying financials and/or the information needed to determine it will be a cash purchase. Buying real estate is very straight forward in New York City, just show them the money.
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Old May 6th, 2012, 10:03 AM
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Sophie,

I would say that the Upper East Side, in particular the area bounded Fifth Ave and Lexington Avenue, and 60th Street and 86th Street have the more homogenous upscale "look" you are seeking--rows of townhouses, large prewar and postwar apartment buildings, and such. This by no mean limits "upscale" to that area--I just think you will find the general "look" of that area to be what you are describing and seeking.

(And it is precisely why I do not live in that area.)
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Old May 6th, 2012, 10:09 AM
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Lighten up Alice. Asking on a travel forum makes as much sense as asking a television show with real estate professionals. You have gotten some kind answers, but as a first time poster to a travel forum, I find your query suspect. Anyone with the many millions it takes to shop the NYC real estate market simply would not think, how bout a travel forum for some expert advice.
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Old May 6th, 2012, 10:10 AM
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Sorry but I think real estate in New York is anything BUT straightforward if we are talking about expensive coops in the neighborhood described by Ellenem, and in any other elegant coop, for reasons I described above. Having enough money is but one element in the process.

Even condo boards are getting structure these days and one can expect an interview and an intensive grilling about financial status. There is usually a "magic number" of liquid assets required over and above the purchase price of the apartment. For example, a buyer of a $4million coop might be required to have $12million on hand in liquid assets in order to pass the coop board's requirements.

For the uninitiated,or the simply curious, here is a bit of related info:


http://www.brickunderground.com/agen...tting-approved
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Old May 6th, 2012, 10:10 AM
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And no disrespect to the above posters, but anyone who knows the basics of NYC knows that the Upper East side is the quintessential upscale hood.
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Old May 6th, 2012, 10:17 AM
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Some more dishy details; don't expect that things have changed too much in the buildings mentioned:


http://www.nypost.com/pagesixmag/iss...s+Fifth+Avenue


Helpful advice for aspiring buyers:

http://cooperator.com/articles/1450/...ons/Page1.html




and I meant to write "getting stricter," in my post above, not "getting structure!"


But one can always hope!


http://www.ny1.com/content/ny1_livin...es-be-reversed
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Old May 6th, 2012, 10:18 AM
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"$25million condo that is a few doors away from a walkup where apartments rent for $600 a month."

$600 a month rental next to a $25 million condo? In Manhattan? Sign me up.
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Old May 6th, 2012, 10:19 AM
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Even condo boards are getting structure these days and one can expect an interview and an intensive grilling about financial status. There is usually a "magic number" of liquid assets required over and above the purchase price of the apartment. For example, a buyer of a $4million coop might be required to have $12million on hand in liquid assets in order to pass the coop board's requirements.

__________________________________________________ _________

eks: These are all financial concerns, which is exactly what I referenced in a brief statement: show them the money. If you have enough money and you're not Richard Nixon's relative, you will be able to purchase whatever your little heart desires in NYC. Renting a property can actually be much more convoluted a process.
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Old May 6th, 2012, 10:23 AM
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Most expensive neighborhoods in Manhattan; a guide for the OP:

http://www.propertyshark.com/Real-Es...ds-in-q1-2012/
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Old May 6th, 2012, 10:23 AM
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I enjoyed the NYPost article.
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Old May 6th, 2012, 10:29 AM
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This was just to gain some info before I move further. So no harm done.
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Old May 6th, 2012, 10:34 AM
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What about the long list of very rich, and often very famous, persons who did not get into their desired coop building? Poor Gloria Vanderbilt is just one of many super-rich who could not buy at River House. Along with Diane Keaton. And Striesand was turned down by 740 Park, along with was Barbara Walters, if I am remembering correctly.

You can have plenty of money, but if you do not have the right kind of dog, or do not fulfill any number of variables, you might have to keep looking. You can be rejected for any number of reasons, and there is a good chance that you will never know just what lead to the rejection.

I think newcomers to the city are often surprised at this....just having the cash MAY not be enough. But of course, it's a good start!
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