High-Rise Renovation

Which Would You Choose: Checkbook Expedience or Sweat Equity?

By Jon Anderson / December 23, 2020 /

A few weeks ago, I wrote about seven one-bedroom Ritz Residences condos listed around the $1 million mark. But let’s say you need more space for your mil, what to do? At $1.075 million you could just settle for one of those Ritz one-bedrooms at 1,375 square feet on the 15th floor. Or for $26,000…

Penthouse Plunge: The Penthouse is Finally SOLD and CLOSED

By Jon Anderson / September 25, 2020 /

1 Kings 10:7: “And behold, the half was not told me.” * I bet you thought my last Penthouse Plunge column was the last. I had that hope, too. But just as it took me two months to close this deal when I was the buyer, it equally took two months to close as the…

One Lucky Reader Got a Virtual Tour of The Penthouse Plunge

By Jon Anderson / April 19, 2020 /

Last week was a busy week for the old Penthouse Plunge. On Monday contractors remained banned, on Thursday I was agreeing to terms for work to restart (full details tomorrow), and on Friday I welcomed a CandysDirt.com reader and potential buyer for a virtual tour. “Madam X” as I’ll call her, began emailing me in…

Penthouse Pause: COVID-19 Cripples Some High-Rise Renovations

By Jon Anderson / April 17, 2020 /

Three weeks ago, I would have said my best guess was that I was a hard six weeks shy of putting my Claridge Penthouse studs-in renovation on the market. Today, I can’t answer that question – and only partly for the reason you think. For those new readers discovering CandysDirt.com while sipping a quarantini, Penthouse…

Penthouse Plunge: Delays, Coughs, And Guts

By Jon Anderson / March 4, 2020 /

Living through a renovation teaches you a lot regardless of whether it’s your first time or your 100th. There’s always something new that pops up along with the tried and true snafus.  Since last time, more join the list. For those reading this for the first time, Penthouse Plunge is a series chronicling my purchase…