Inside NYC's Most Controversial Building on Billionaires' Row

Happy Sunday! In this week's episode I chat a bit about the current state of the real estate market here in NYC and give you a tour of an "average" apartment on Billionaires Row. Comment below what kinds of videos you would like to see in the future!

$10 million for ~1,800 sq ft is insanity. For that amount you could buy a beautiful single family home (townhouse) on the Upper East Side with much more living space and just steps away from Central Park.

I can’t imagine paying $10m for a 2 bedroom apartment 😭😭😭

Of course it’s a stunning apartment, but for $10 million, the living/dining area is woefully inadequate in space. LOVE those huge windows and high ceilings.

The big question has to be, have the developer sorted the issues that made it the most controversial building on billionaires row? The issues with plumbing, the lifts, the garbage shoots, the motion sickness caused by the swaying in the wind, building owners trying to force owner, against their will, to spend $150k a year in internal restaurant. Not to mention the ongoing lawsuit where dozens of owners are suing a the developers over design flaws. No matter how cheap, I’d avoid this building.

It’s crazy how there are still brand new, never lived in units in a building built in 2015. That means there was and still is not that much demand for the amount of ultra luxury developments that are being built in this city.

I think Erik needs to do an updated video on the Cost of Living in New York City and each of the Five Boroughs themselves because if the average rent in Manhattan is $5k and the cost of living in Manhattan is $200k a year, not only is that indefensible, that's unsurvivable. The cost of living in that Borough is higher than Switzerland and Bermuda! WTF?! How does tf anyone live like this?

The hidden window opening detail is genius for maintaining that beautiful minimal look.

Can you imagine the shock on management's face when a resident calls down to the office and ask for them to fix something? They probably had no idea people even lived there.

After a horrendous 2022, shell-stunned financial backers have misfortunes to recover and a lot to consider, as an expansion report and a pile of different information did close to nothing to change assumptions that the Central bank would probably keep climbing intrest rates regardless of whether the economy dials back, And that implies more red ink for portfolios for the principal quarter of year 2023. How might I benefit from the ongoing unstable market, I'm currently at a junction choosing if to exchange my $250k security/stock portfolio.

I absolutely love NYC, and have been there 30-40 times. Unfortunately, as a teacher, I could never afford to live there. Flights are relatively affordable out of Miami though, so I’ll continue to visit, and live vicariously through videos like this.

If I had that money; I wouldn’t spend it on an apartment in a building where elevators don’t work, the wind howls through the open floors, the residents complain about the creaks and groans…. The list of problems seems to be endless!

I noticed that you didn't even mention why the building is so controversial (i.e. bad design and bad construction). There are two buildings in the country I wouldn't live in, this one, and Millennium Tower in San Francisco.

One of the reasons this building is controversial (for my friends and I living in nyc) is that is really disrupts the skyline -- its so thin and weirdly placed that it looks like you should just pluck it right off the street. we call it the french fry building.

All these places look like the same modern hotel room. One room after another after another …So so blessed to live on Oahu. Living with family to decrease cost of living. I ride my 15yo beach cruiser to a beach park to do yoga 6 days a week through my district park system. I walk on the shores of gorgeous aquamarine and turquoise beaches a short 5 min bike ride away. We go every month to watch the full moon rise. All the luscious flora and fauna. Palm trees swaying with their coconuts. The Plumeria trees blooming from spring through January. The Gardenias blooming in spring and summer. Passion fruit, pineapple and shave ice. There are so many different kinds of luxuries in life, I wouldn’t trade any of the above to live in this place. I truly wouldn’t, but I love watching these videos. They are very intriguing to me. Aloha, love and peace from Hawaii. ❤️😘💋🌈🌺🌊💫☮️🥰❤️

This is the most beautiful apartment. I love the way Erik goes about his job. But the truth is; without making good investments, no one can ascertain the kind of money required to own such properties. I am retiring next yr at 55 with 3 houses paid off worth 40.5 million. I realized that the secret to making a million is making better investments.

Can you do tours of apartments or townhouses around the park? That would be interesting to see!!!

I apply for an apartment studio in NYC and the real estate girl which was really nice told me I need to do 20× than the rent and am thinking lady if I make 20x the rent I wouldn't be here😂

Great video. Short & sweet. You packed a lot content in a concise & informative way. What are the taxes & HOA fees?

I love the idea that the 10m include a never-used-before refrigerator ! ..so considerate !!! 😂🤣😄