OT: Apartment for sale. Only 1.59 million.
 

That is actually not a bad price for that neck of the woods for that apartment. The carrying charges appear to be insane though. Hence why the current owner is not making a profit.

Livvy missed out.

A few years ago, Ty Cobb's house was for sale in Georgia at a decent price. At the time, I was still working 60 hours a week. I thought about buying it and turning it into a VRBO where baseball buddies could meet, have their fantasy league drafts or old ballplayers reunions. I still think the right property could be viable for such a concept.

Apartment prices always seem reasonable in Manhattan until you look at the HOA fees. You take out one mortgage to buy the apartment and another to keep up with the monthly charges.

That's Neat! Here's an actual listing of the Apartment with more Pics (reading the article, it sounds like its a little different than from when Ruth lived there though)

https://streeteasy.com/building/345-...j3DZEd1_NfUcPv

Babe did it right:D
Beer on tap

The monthly maintenance fee is almost $4300 a month...
Over & above the mortgage payment

I guess that makes me feel better about paying the fees for my HOA and the fees for my other HOA today.

Apparently Livvy Dunne wanted to buy this apt
 

Boy, first the owner of the Skenes 1/1 card declines to watch a game with her, and now this! Hopefully she'll recover...

If she needs a hug I’m available.

Interesting thing is that technically it is not a mortgage. It is a chattel financing statement. You are purchasing stock in the corporation that owns the building and 'leasing' the apartment. I have worked on a few of them in Mass. and D.C. Part of the Watergate complex in D.C. is a co-op. Ruth Bader Ginsberg lived there.

It is the co-op board (stockholders -occupants of the other apartments) that decide whether you can live there.

I didn't mean it was an actual mortgage, just that you're practically paying a second one forever when you buy an apartment in NYC. On the surface, the price to buy the apartment seems pretty reasonable. There are lots of apartments for sale for three to five hundred thousand dollars. But the HOA fees will eat you alive and they'll never end.

😂

I would voted no as well. I'm a Redsox fan..

It includes property taxes, which is likely a big chunk of that. Still too rich for my blood.

It might be fun to own the Babe's old place. If I got it, I suppose I'd spend the first month or two going over, under, inside and behind everything in the place looking for anything Babe Ruth related. And that third bedroom? Definitely a Ruth museum called "The House That Ruth Built".

Would be cool to locate a few photos Babe had on the walls and put them back up.

I was all in, ready to put in a bid, even with the monthly co-op maintenance bill, until I saw the renovations. I wanted that beer cooler and photo of the Babe on the wall. Since they had been removed, I was out of the running!

I knew what you meant. I thought those who were not completely familiar with co-ops might be interested. I find that co-ops are not that common outside of NYC. I am sure most people would think condo when they hear apartment. Condo fees and HOA fees are also never ending. Not counting 'special assessments' for additional repairs or unforseen expenses that inevtiably pop up.

When I bought my house last year I was insistent that it would not be in a subdivision with an HOA and there are a lot of those here in VA. I don't want someone telling me what I can and cannot do with the property I own. If I want to metal detect on my property I will. It is part of a Civil War battlefield and the topography is the same as it was in 1863 along a line of battle 300 yards from Confederate trenches.

I can understand why you wouldn't want to live next to Olivia Skenes, but I would not have voted against it.

Oh man, if I lived on a site like that, I'd have a newfound love of long walks in the woods...

There are 25 acres of woods next to my property that sit between the Union and Confederate line. Three battlefields right here with hundreds of acres of woods available for walking. A lot of it is National Park Service land, but not the land next to mine.

Michael, do I correctly assume that you are referring to the First and Second Manassas battlefields in Prince William County near the City of Manassas?

Val, no, I live on the Chancellorsville battlefield off of Plank Rd. Part of the first days battle. The side of my yard, which is 600' long, faces the Confederate rifle pits on McLaws Drive. All of the Chancellorsville and Wilderness battlefields are within 4 miles of my house. Spotsylvania Court House battlefield is about 5 miles away.

Apparently, Ruth and his family occupied the entirety of the floor where the apartment in question is situated. It's since been divided up into several smaller units. Only a portion of Babe's apartment is available for $1.59M. Makes me wonder what the total square footage was when Ruth had the floor to himself.

Also, in that great photo of Ruth pouring himself a ridiculously small beer, I'm seeing what might have been a multi-signed document on the wall behind him. I'd love to know what that was.

Here's another cool shot of some of Babe's apartment and photos.