If reading The Hunt stokes your deepest hopes that someday everything in life could work out, then you, too, are obsessed with the New York Times Sunday Real Estate section. Join us as we venture into the depths of this weekend's installment.
Jennifer Betit Yen and Peyton Worley had relocated to NY after selling their place in Cambridge, living in a $5,000/month rental in Midtown. When they had the option to the buy the place for $1.4M, they refused because the place didn't live up to their standards. They did, however, begin a search that led them around Midtown. When they started discovering prices were a lot higher than they wanted to pay, they began to look in other areas. And where was their beacon of hope? The Upper East Side, of course.
They preferred Midtown, close to Mr. Worley’s office and the theater district. They found some lovely places that fit the bill — high-rises like the Platinum on West 46th Street, where two-bedrooms started below $2 million, and the low-rise Griffin Court on 10th Avenue near 54th Street, where two-bedrooms started at a little under $1.5 million — but those were simply too expensive.' “The recurrent theme I saw in properties from $850,000 to $1.3 million was ‘needs work..."
Online, the couple encountered the Azure, a high-rise on First Avenue and 91st Street, which they thought was too far east and too far north. But they checked it out and found a 1,200-square-foot apartment with all the features they wanted, including a washer-dryer.
The couple bought an apartment this spring for $1.025 million, paying another $15,000 for a storage unit.
· The Wish List is Not Negotiable [NYT]