Wednesday, December 30, 2009
We got to visit one of my dad's friends, Kenny. He lives in a huge complex that looks like three hotel towers. The property has its own zip code: 11005. It is made of townhouse/apartment like- co-operatives with 1600 co-ops (~3000 people). According to him, a co-op is when people buy their apartments (the size of a suite in a hotel) in the complex for a mortgage of about $250,000 for a 2 room suite with kitcken and shower. On top of that, residents must spend about $13,000 in taxes and maintenance fees each year. The mortgage is probably $3,600 a month for a 30 year meaning you need to make.... Yeah, welcome to New York. There are so many people in such a small location that politicans lobby at this complex.
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I could never live in New York...at least not without a roommate. I like space.
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