Pricing out an UWS gut reno, problematic proxies, & more

By Emily Myers | June 23, 2023 - 2:30PM

This week, the details of a gut renovation on the Upper West Side captured the attention of Brick Underground readers.

The dated co-op needed upgrades to both the electrics and plumbing and the 700-square-foot apartment was totally reconfigured. Would you have the stomach and the budget for it? The total cost of the renovation was $558,000, or $600 per square foot.

Also of interest: Brick's Ask An Expert column, which this week answered a question from a buyer about a proxy they were asked to sign at the closing of their co-op. Luckily a proxy can be easily rescinded but you should never feel coerced into signing one.

Here are this week's top five posts:

1) I signed an unusual proxy at the closing for my co-op. What can I do now?

2) The 10 best NYC neighborhoods for recent college grads in 2023

3) The top 11 websites for finding your ideal roommate in NYC

4) No co-signer for your rental? No problem—try these 6 guarantor work-arounds

From our sponsors:

5) Here’s how much it costs to gut renovate a dated Upper West Side co-op (sponsored)

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She writes about issues ranging from market analysis and tenants' rights to the intricacies of buying and selling condos and co-ops. As host of the Brick Underground podcast, she has earned four silver awards from the National Association of Real Estate Editors.

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