http://www.trulia.com/voices/Home_Buying/_East_th_Street_New_York_NY_-115160Does anyone know why this has been on the market for so long? Also, does anyone know whether apts in this building can be sublet? I'm looking to owner occupy for the first 2 years, but after that may have to relocate and do not want to be forced to sell in this uncertain market.en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-10022-213211/http://www.trulia.com/voices/profile/Real_Estate_Pro-10022-213211/NYC studio buyer looking at $2M apartments? Times are good. Janet is right about looking at Condos. You are working with a price range which will give you many options, if you are in the Million range. This coop board being 50% financing will be tough, very tough. They allow pied a terres, but may not allow flexible subletting. They may for a year or two and that's it. I can call one of the brokers to get that information or the managing agent to be 100% sure. Also when you will be looking for tenants they will have to go through the board and show the financials. Not many renters will want to bother. Can I ask why you chose this building? Maybe there will be other better options in the area. Kind Regards ~AlenTue, 28 Apr 2009 21:33:59 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-254026/http://www.trulia.com/voices/profile/Real_Estate_Pro-New_York_NY-254026/Which unit are you asking about - there are several for sale in the building? This building requires 50% down, which would take longer for qualified buyers to surface. If you think you may relocate in two years you are most likely better off with a condo. If you would like assistance in finding the right condo for you, please feel free to contact me to discuss your needs. Jenet Levy jlevy@cbpreviewsnyc.comThu, 23 Apr 2009 23:05:13 -0700