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Old 01-11-2024, 09:44 AM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,073,586 times
Reputation: 7759

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Quote:
Originally Posted by SeventhFloor View Post
https://nypost.com/2024/01/09/real-e...or-just-99900/

A chance at homeownership for somebody
2685 Creston is a former Maxx Properties building. Back in the 1930's and 40's a guy named Max Wiener assembled a portfolio of some of the best Art Deco and Moderne apartmernt buildings in NYC, mostly in The Bronx and Brooklyn and upper Manhattan. The guy was a Deco freak and his company prided themselves on their buildings and taking good care of them all through the bad days of The Bronx and then converting them to co ops in the 80's. Since the conversions the company continues to be active in maintaining a lot of the buildings ( such as 2685) as board members and owners of sponsor apartments. The company is still owned by the Wiener family and now owns apartment buildings and apartment communities across the country.

I mention this because if someone is looking to buy a co op in The Bronx it's not a bad idea to buy in a former Maxx building. Chances are the building was very well maintained over the years, unlike a lot of co op sponsors who ran their buildings into the ground. Also, the monthly maintenance charges on co ops in former Maxx buildings tend to be lower than most, maybe because the buildings are in better shape and have a better underlying financial structure.

Last edited by bluedog2; 01-11-2024 at 10:00 AM..
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Old 01-11-2024, 10:00 AM
 
34,081 posts, read 47,278,015 times
Reputation: 14262
Quote:
Originally Posted by bluedog2 View Post
2685 Creston is a former Maxx Properties building. Back in the 1930's and 40's a guy named Max Wiener assembled a portfolio of some of the best Art Deco and Moderne apartmernt buildings in NYC, mostly in The Bronx and Brooklyn and upper Manhattan. The guy was a Deco freak and his company prided themselves on their buildings and taking good care of them all through the bad days of The Bronx and then converting them to co ops in the 80's. Since the conversions the company continues to be active in maintaining a lot of the buildings ( such as 2685) as board members and owners of sponsor apartments. The company is still owned by the Wiener family and now owns apartment buildings and apartment communities across the country.

I mention this because if someone is looking to buy a co op in The Bronx it's not a bad idea to buy in a former Maxx building. Chances are the building was very well maintained over the years, unlike a lot of co op sponsors who ran their buildings into the ground. Also, the monthly maintenance charges on co ops in former Maxx buildings tend to be lower than most, maybe because the buildings are in better shape and have a better financial structure.
Your knowledge is always treasured on here. I for one appreciate you sharing the wealth. I tip my hat.
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Old 01-11-2024, 10:01 AM
 
2,618 posts, read 1,215,399 times
Reputation: 2792
What a "deal"
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Old 01-11-2024, 10:17 AM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,073,586 times
Reputation: 7759
Quote:
Originally Posted by SeventhFloor View Post
Your knowledge is always treasured on here. I for one appreciate you sharing the wealth. I tip my hat.
Thanks. LOL, I can't help myself. Must be the teacher in me.
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Old 01-11-2024, 02:22 PM
 
6,222 posts, read 3,597,419 times
Reputation: 5055
Quote:
Originally Posted by sheena12 View Post
I'm telling my son about this. He and 2 friends split a very tight, apartment in Bushwick Brookyn for $2700 a month.

Beautiful art deco lobby in this building. This is a steel for someone.
Yeah the lobby is awesome and the building looks nice. I would consider this if I had tens of thousands of dollars lying around and my job was easy to get to from there.
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Old 01-18-2024, 12:53 PM
 
1,496 posts, read 2,237,615 times
Reputation: 2310
Quote:
Originally Posted by SeventhFloor View Post
Start what? Just because a few people are upset with the current state of affairs doesn't mean they have to come on this forum to take out their frustrations. The apartment will most likely sell, everything has a price. Most of the Bronx today reminds me of Brooklyn in the 1980s. Look at Brooklyn now.

For a set of people that supposedly want to see improvement, it sure doesn't seem that way by some of the posts. And if you don't want to see improvement, why bother spreading negative energy around?
Bronx is Brooklyn 1988.
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Old 01-18-2024, 03:04 PM
 
21,884 posts, read 12,958,474 times
Reputation: 36895
Isn't the Bronx really dangerous? I've always wanted to live in Brighton Beach, personally...
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Old 01-18-2024, 03:28 PM
 
5,666 posts, read 2,608,456 times
Reputation: 5348
Quote:
Originally Posted by otterhere View Post
Isn't the Bronx really dangerous? I've always wanted to live in Brighton Beach, personally...
That's like saying isn't Baltimore really Dangerous. Not all areas are bad, some may be by a block-by-block difference. However the area the apartment is, there is high crime, gang activity and drug presence.
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