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Maria Pfeiffer and Jason Vogel moved right into a brand-new Hell’s Kitchen constructing almost 20 years in the past, turning into the primary residents of their sunny one-bedroom rental.
Each few years, they might make a halfhearted try to purchase a spot. However “we at all times obtained tremendous discouraged at how costly all the things was and the way little you get on your cash,” Ms. Pfeiffer, 50, mentioned.
In 2017, they purchased a lakeside cabin in Columbia County, simply south of Albany, for round $222,000. “I actually benefit from the huge distinction between town and that rural a part of the Hudson Valley,” she mentioned.
The couple, who work in financial-services software program and met by way of colleagues, spent a lot of the pandemic working remotely from the lake home. The expertise made them suppose once more about shopping for an anchor within the metropolis, simply as Mr. Vogel, 49, had the chance to money out inventory choices from a former employer.
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“I used to be bored with paying lease, and we had funds to make a down cost, which had been the massive barrier,” he mentioned.
So that they contacted Christopher Baker, an agent at Keller Williams NYC and an previous running-group pal of Ms. Pfeiffer’s, and advised him they have been out there for a vivid one-bedroom on the West Aspect.
Their price range hovered round $800,000, however “we all know ourselves,” Ms. Pfeiffer mentioned. “After we look to purchase one thing, whether or not it’s an condo or a automobile or an equipment, we are likely to set a price range and go proper over it.”
From the West Aspect, it was straightforward to get out of town and head upstate. They needed to stay above West sixtieth Avenue, involved in regards to the metropolis’s proposals for congestion pricing. “Our future selves needed to plan for this chance,” Ms. Pfeiffer mentioned. “We didn’t need to pay a toll to get to our dwelling.”
Additionally they hoped to discover a appropriate work-from-home configuration. “Their desks needed to be a ok distance from one another so that they might be on the cellphone,” Mr. Baker mentioned.
An early go to to a high-floor co-op condo in an enthralling prewar walk-up reminded them that “going up and down was asking a number of our our bodies, even with out carrying groceries, cats, baggage, no matter,” Mr. Vogel mentioned.
So that they centered on condominiums with some widespread areas and facilities. Additionally they most well-liked the flexibleness to renovate and sublet a apartment, they usually bumped up their worth. The housing inventory was extra appropriate beneath sixtieth Avenue, so that they determined that avoiding congestion pricing wasn’t that vital in any case.
Amongst their choices:
Discover out what occurred subsequent by answering these two questions:
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