When the apartment building on my corner was nearing completion, I checked the ads selling its apartments. I wasn’t buying; I was simply nosy. The website touted the idea that the property was “steps from Central Park.” True, if you take a lot of steps. Like, a LOT of steps – a brisk ten minutes’ worth, not counting time spent waiting at red lights. With that definition, every location is steps from Central Park – Nebraska, for example. You just have to keep walking.
That advertisement underscores the need for vigilance in approaching the New York City housing market. Only with constant attention will you know the exact moment when hipsters move in where hip-replacements once dominated. The language of this market is odd. The New York Times once wrote about the true meaning of some common real estate terms. I don’t remember all of them (and I may have added a few myself), but here is a selection:
- Cozy means the kitchen is the size of a bathmat.
- Private or secluded refers to an apartment whose windows face a brick wall.
- A townhouse feel guarantees that passersby can watch you sip your morning coffee through sidewalk-level windows.
- If you have skyline views, you probably have to take a train to work.
- A charming apartment has an intact, never renovated (or cleaned) 1950s bathroom, which matches the style and condition of other rooms.
And speaking of rooms, do apartments in other cities have half rooms, as in two-and-a-half-room apartment? I never have decoded that one. Does a half room lack a wall? A ceiling? Or just space? If the last definition applies, is there an official standard for half and whole? Most NYC rooms would be third or quarter rooms anywhere else.
And then there are other claims:
It took three trips to this construction site to get a photo not blocked by cranes and other heavy machinery, which presumably were not working on these apartments because then the sign would (gasp) be a lie.
I have more to say about what real in NYC real estate, but I’ll save it for another post. My home isn’t handcrafted, but my cleaning is. See you after the vacuuming is done.
And if you have any real real estate stories, feel free to send them in.
So true, Gerri!