Comments
Can you tell us where you got the pricing information? I checked the web site and I don’t see any prices there.
Posted by FHGuy
on July 17th, 2007 at 1:46 pm
Press release! I’m the media, you see.
Posted by Steve
on July 17th, 2007 at 1:55 pm
Are prices negotiable? It is customary of Tashkent culture to haggle for a bargain until the other side relents.
Posted by West
on July 17th, 2007 at 2:56 pm
Prices at Novo 64 are not really too high considering Novo 64 type apartments are featured in Lincoln Square in Manhattan where the price IS STILL HIGHER. The building design is beautiful and is reminicent of a smaller version of a building like Trump Place in Lincoln Square for instance. The design of this building looks alot better than 99% of the highrises Ive seen go up in Long Island City as well.
The problem as of NOW is the location because it is NOT centrally located by the Continental station like the Windsor and is NOT by the EXPRESS BUS as well. Even if they have shuttle service to Continental, it still adds on to ones commute time.
Posted by aj023
on July 17th, 2007 at 3:02 pm
These apartments are worth nothing close to what they are asking. The Windsor 1brs are selling now in the low 500s and are bigger with infinite more convenience. I’d put a maximum value on these 1brs at maybe 375k, but personally, wouldn’t live on 64th for 1/2 that.
Posted by JamesH
on July 17th, 2007 at 3:22 pm
The Windsor is still more expensive though, even though it is now NOT the most overpriced place in town. I believe you will find 3brs in the Windsor are listed at 1.3m, 2brs around 900k, and 1brs around 550k.
Posted by JamesH
on July 17th, 2007 at 3:28 pm
Maybe it’s just me, but I could really care less about “building design”. I want to live in a nice looking, nicely kept, clean building with good doormen and a good super. That’s exactly what I have (and I around the corner from the subway) and I’m thrilled. And like Steve I paid less than half for my junior-4. I’m I the only one?
Posted by fercrash
on July 17th, 2007 at 3:35 pm
Are you sure those prices are in dollars or could it possibly be rubles? Seriously, even though situated in Rego Park, where those of the highest caliber live, to have a beautiful apartment overlooking the Associated Foods parking lot with its pigeons and stench from the rotting food bins would be a bit much. I have to laugh when I see the artists renderings of the place — talk about creative license!
Posted by bobbyrab
on July 17th, 2007 at 3:38 pm
AJ - the building looks like an office complex you’d find in the suburbs. Not that being compared to Trump Place is any high complement, but the only connection is they both apparently have four walls, windows, and a roof.
Posted by JamesH
on July 17th, 2007 at 3:40 pm
I am comparing it to the lower story part of Trump Place minus the highrise towers. The office complex style is reminescant of those buildings in Lincoln Square if you ever seen them and is what is the IN Style now in Manhattan as well in areas with newer development like Lincoln Square for instance.
Posted by aj023
on July 17th, 2007 at 3:56 pm
With that being said, I think the gorgeous buildings are the ones on Central Park in Manhattan if I had the money. Would rather a SMALL STUDIO in Central Park in a beautiful building than a larger apartment in Forest Hills in Novo 64.
Posted by aj023
on July 17th, 2007 at 3:57 pm
In Lincoln Square, one can get a 720-square-foot 1-bedroom for around 600k now give or take. Would rather have Lincoln Square than Forest Hills IMHO.
With that being said, Forest Hills needs NEW HOUSING STOCK and so Novo 64 HAD TO BE BUILT and it will sell because it is Queens and in Forest Hills and NEW.
The section by the housing projects and the Fairview over there is NOT the best but Novo 64 is being built further down and will make that section of Forest Hills more upscale to boot since it has access to stores, banks and other forms of commerce. For those with a CAR who drive, it would make no difference being by Continental Avenue or the other side of Forest Hills at any rate. Its a new property which fills a niche and I bet they will sell out as well. Not really a piece of property I would focus on since I would NEVER move to that section myself.
I honestly would prefer a unit in the Windsor, Gerard Towers, Pinnacle or Kennedy House than Novo 64 at any rate.
Posted by aj023
on July 17th, 2007 at 4:18 pm
Sure, Novo 64 will have access to stores. But they’re not the stores most non-Bukharians would want to patronize…
Posted by MaryJane
on July 17th, 2007 at 10:28 pm
I am a non-Bukharian and have been down that section before. The banks are there, the supermarket, convenience stores, food places, shops and the like. Its technically on Yellowstone Boulevard. Its just a bit further down than Birchwood Towers.
Why was it built over there? Because housing is sorely needed for Forest Hills, and there was a parking lot which made better sense to convert it to new housing. There are older co-ops right next to it already and so that side gets some fresh new housing stock. It was easier to convert that site than where Keyfood and 71st was. Empty parking lots are the EASIEST sites to build on for Forest Hills. The Windsor AND Novo 64 were both on former parking lots. The buildout of Novo 64 on this site was NOT unexpected at all.
Will Forest Hills get even MORE housing stock? The next locations will be closer to prime Forest Hills on the South side MUCH closer to express bus and 71st and Continental stations but they are MUCH HARDER to get done because they have existing buildings on the locations and permit approval is MUCH MORE DIFFICULT as well.
Posted by aj023
on July 17th, 2007 at 11:10 pm
We shall see what the demand is on Novo 64 and how fast sales go. I wouldn’t be surprised at all if it sells well since people LIKE NEW. Don’t think that Bukharanian jews dont want new apartments as well.
Posted by aj023
on July 17th, 2007 at 11:15 pm
I was in the sales center the other day. I even said to the woman (who told me the prices were firm and already heavily discounted) that for the same price, I could have a condo in the Windsor with the same size and better location with immediate occupancy.
Or I could go with the Novo, put 10% down a year before it supposidely will be complete, and spend the same amount as I could now in the Windsor…but also on a LOWER floor.
Her answer…Quality!
She also admited that others have said the same as me and the units they have already pre-sold were to yuppy lawyers and doctors.
Posted by MTrizzzz
on August 8th, 2007 at 1:03 am
Prices are ridiculous, I used to live up the block and the apartment we bought was a 2 bedroom for $140k, and our garage was $80, Great Price but not so good location. Acrross the street a Russian dentist was murdered at the childrens park. There are people hanging out in front of the buildings and on corners in the summer at nights. A dark and long walk from the subway, they are crazy! And I guarantee these prices will come down, plus these apartments don’t even have nice views…. I rather live further on yellowstone where the nice doorman buildings are, after 68th, much safer and far far better school district.
Posted by Anonymous
on September 27th, 2008 at 3:47 pm
Posted by Steve on Tuesday, July 17th, 2007
Big news today for any and all interested in living in luxury up in Little Tashkent at NOVO 64. NOVO announced today that they’re shooting for an opening date of summer 2008, but the bigger news: prices! At the very low end — for those unconcerned with living space but wanting to be within an easy walk to that creepy Russian supermarket — a 720-square-foot 1-bedroom is going for a cool $455k, which is less than twice what I paid for my 1,000-square-foot junior-4 near the subway. What a deal! For those feeling a little more spendy, a “starter 2 bedroom, one bath apartment” will run you in the mid-$600s, probably a little more than I’d like to pay for a non-starter house in the suburbs with a yard where I plan on living the rest of my natural life.
The high end? A “spacious 3 bedroom” with “incredible sun exposure” (do the others not have windows?) is $960k, making NOVO, I’d educatedly guess, officially the most expensive apartment building in town now that the Windsor’s prices are down.
Act fast — this is “pre-sales pricing”!