Friday, July 25, 2008

Who has Access Now?

You mean some people don't have storage space? Yes!

Discuss....

4 comments:

RobbyG of 23B said...

Here are some comments from old blog you can post more below

I agree with [Stephen Barlow-Lawson].

The reason someone cannot get access is because 1. they are on a laundry room floor and 2. there are selfish people who hogs all the space on each storage room (my instinct tells me that most people don't take the time to say hi to their neighbors and find out how to work out an arrangement for the division of shared space on those floors.)

Those (group) people without storage space are the ones who are trumpeting change. On one hand it's the right thing to do but on the other what is any one going to do with 3 feet by 3 feet, as someone suggested to divy up...a trash bin. It doesn't make sense
Matt Hadder


The reason people can't get access is multiple issues.

First realize 3 floors of the building don't have any core storage rooms. These people would have to come to an agreement with people on other floors. The on some floor there is less storage than others. The upper parts of the rooms fail to get used. People store prohitibed items and things that are very large and make access difficult. Moreover, noone has any limit on space so technically nobody is "hogging space".

So I don't think a failure of floor neighbors to come to a discussion is the thing that prohibits people from storing items.
Rob

Just to clarify, the 3 x 3 space I had mentioned was as an example if every apartment were to be allocated a space. It is not the dimensions of the proposed storage rooms, which is why there are 96 spaces instead of 203.
Jim Stathakis


I think more than half of the 203 units are going to need storage space (it's a no-brainer--you do not need to send evaluation forms and kill another tree with flyers), so 96 storage spaces still equal a lot of people/units who won't have storage at the end of all this.

Any way you splice it, those who can afford to drop 10k to 15k on a storage will probably put 1 stroller in their space. People who do not get first dibs or cannot afford it still will not have storage. I think the storage conversion "sounds" like a nice financial boost but in reality and in finality, we'll still need to find a better income source for future capital projects.

It's so sad to see this beautiful old, old building get such awful commercial rentals, out of pace with the other neighboring buildings.
Matt Hadder


Also, to add to my comment at the very top about storage size and logistics, what happens if you cannot get the storage space that is on YOUR own floor...it's silly to travel up and down the stair/elevator to lug your stuff. I just don't get it!
Matt Hadder

Well, when I first moved in I was offered storage space on the 9th Floor. I live on 3. It's not that different from now. If you need space, and there's none on your floor, you may have to squeeze in on another floor. If there is space.

My main concern of the existing arrangement is that they are not secure (even if I could find space). Anything that I would feel comfortable storing in there is better off thrown out.

Jim Stathakis on 2008-07-18 17:52

I respectfully disagree with the better off thrown out portion of your post Jim. There are many of us in the building who use the storage space and are respectful of each other's belongings. I would never leave something of high value in ANY storage room. I highly doubt that theft or vandalism is or ever will be an issue in this building. When putting an item in a common storage area, one must assume a certain amount of risk.

Who offered you space on another floor? Our broker was very upfront about the storage situation. Weren't you given a key to the storage room on your floor?
Nicole #10F
Nicole Palumbo on 2008-07-18 22:22

When I first looked at buying the Broker told me about the storage, but we never looked at it. When I moved in, I was offered a key for storage on another floor, not mine. I turned it down. Several years later, I obtained a key to the room on my floor. I looked in and it was crowded, with blocked aisles. To get anything in, I'd have to move bikes, restack boxes, etc. I personnally do not feel comfortable moving other person's belongings around.
Jim Stathakis on 2008-07-19 08:24

I live on the 9th floor and our room is pretty full so I am surprised space was offered to Jim.
I have been here almost 10 years and the current situation works for me. I have a few items in the room and enjoy "free space" that "came with the apartment" that some residents are talking about.
A few years ago my bike was stolen, but hey, no one told me it was insured or safe to leave things in the room.
HOWEVER I am strongly in favor of Robs proposal. Even though I am lucky, as it is the system is highly unfair to say the least. People that live in the penthouse apartments and pay the highest maintenance have no space at all. The rooms are a mess and unsafe. Rob put a lot of work into his proposal and I am extremely impressed he did this in the first place as he himself does not even need a room!!!!
Some other tenants now are suggesting other things like re financing the mortgage and I think this is fantastic as well. Looks as if there is some movement in moving this building forward. Count on my support!
Felicitas Oefelein

dom morda said...

The storage space is now owned by all the co-op owners. However, only a limited amount of space is available. Therefore, only a percentage of the owners can actually use the space. Obviously this is not equitable.

Instead of selling the space and adding investment value to the property, which I suppose can be used to increase taxes, and also creating another level of bureaucratic activity concerning the transfer of shares through sales, why not just come up with a fair rental for the occupancy of space. This way shareholders can relinquish space without fanfare when conditions change. The charging of rent will also act as an inducement for space holders to discard items that are not worth keeping if one has to pay for storage.

jimstat said...

Dom, rental of the existing space would not generate the funds needed for current projects, so we would need an assessment. In fact, the assessment would need to be greater to cover the cost of converting the space to rental units.

As for the sale of the storage space creating "another level of bureaucratic activity", how so? It's no more difficult than selling the shares to your apartment. When you sell, you'd sell the storage space along with the apartment.

RobbyG of 23B said...

We have no idea if taxes will increase and for what reasons. The city sets that. However, we are currently occupying the storage rooms and that is already accounted for in our tax equations. It does not seem to me that it will affect that portion of our tax base. However increase revenue may. but the charging for rental of the space may be far more than the maintenance fee since a lot of your fees for the room were built into the purchase, similar when you compare buying a home to renting it. However the big bonus to the co-op is the tax free income we get when we sell the rooms. That is right it is tax free income. 100% tax free.