Hello again readers. Since we landed in New York City on January 2 we have been pretty quiet on our blog, right? Since that landing ended our 5-year, 8-month travel adventure, we’ve also been debating whether to end the travel blog or turn it into something else.
We’ve decided on “something else.” We love having the blog as a record of our adventures and especially a place to put our favorite pictures. And while the full-time travel adventure has come to an end, other exciting adventures keep unfolding. And we keep taking pictures that would like to have a nice home as well.
So welcome to MarkAndJim.com 2.0. We are going to try to write about our adventures monthly or so and see if that works. But we’ve got some catching up to do, so here is a summary of our first month of readjustment to non-nomadic domestic life. We will try not to include any spoilers!
Our first home in New York felt a lot like our recent homes elsewhere. We spent 26 nights in a hotel as we tried to figure out how to find something more permanent. We spent all of that time at the W hotel right on buzzy Union Square, arguably right at the edge of lower Manhattan. Union Square is a great location, close to all the downtown neighborhoods where we wanted to look for a place to live.
Truth be told, we had a pretty good sense of EXACTLY where we wanted to live before we even got to New York. We’d been watching property listing in New York for most of the last year, always wishing we could find the perfect thing for us, which would be a large space with good bones in need of a total renovation. Our last home in Cambridge was our own creation, a loft space that we planned and designed ourselves. And it was perfect for us. Thinking about living in New York, we could never imagine ourselves with anything less than a space imagined and designed just for us. And we are willing again to suffer through a year of renovation to get it.
62 Cooper Square
Back on November 30, in Egypt, Jim saw a new listing on Zillow, which captured both our imaginations right away. It was the full 11th floor of the historic Carl Fisher Building at 62 Cooper Square in NoHo — an unimaginable 6,500 square feet, with 40 windows facing every direction with sweeping open views. And badly in need of a total renovation! NoHo is a great neighborhood surrounded by our other favorite neighborhoods — Greenwich Village to the West, the East Village to the East, Union Square and Flatiron to the north, and SoHo, NoLiTa, and the Lower East Side just to the south. OK, something must be super wrong with this property.When we arrived in New York on January 2, our agent, Mara, had already set up a grueling couple days of property showings, starting that very afternoon. And the first property on the list was 62 Cooper Square. From the moment we walked into that space, nothing else was ever going to be able to compete. What was the awful thing wrong with it? Absolutely nothing. We could hardly believe someone else hadn’t scooped it up in the month since that listing first appeared.
I know what you are thinking — sounds expensive! And yes, New York’s astronomical real estate prices take some time to get used to. We are lucky to have the budget of people who started and eventually sold a software company. But Cooper Square, with its big, open, unfinished spaces was priced so much lower per square foot than almost everything else we were looking at. You pay a lot more per volume to walk into a beautifully furnished spaces with appliances and finishes somebody else picked out. By our accounts, this property will be a bargain even after investing heavily in the renovation. Plus we know we can turn this into the perfect place for us.
As Mara shepherded us through a grueling schedule of property visits, nothing came close to Cooper Square. Every listing compared unfavorably to its value and potential. We’d barely cross the threshold of the next property before we’d be saying, “But Cooper Square This” and “Cooper Square That.”
So within just a few days we made an offer. And after another two weeks of anxiety, negotiation, excitement, and worry, we signed a contract to purchase the 11th Floor of 62 Cooper Square. We were aware then that we were embarking on a long and difficult process to turn the place into our dream home. Ahead of us lay months of agony to close on the property, make renovation plans, get permits to build, hire a contractor, and complete the construction. But by the end of January we had a signed contract and a newly hired architect.
196 Orchard Street
Until we had that contract in hand, we were afraid to make any other commitments in New York or anywhere else. We constantly feared the deal would fall through and it could take many months to find something else we could be so excited about. Would we stay in New York all that time? Or run away to somewhere else to sulk?
But now it was time to find an apartment for the year or so it would take to renovate Cooper Square. We felt little enthusiasm about finding an apartment, feeling like we’d be living in temporary squalor for a year. After looking at lots of dreadful listings and visiting a few dreadful apartments, we discovered a sparkling new apartment building in the Lower East Side and fell in love.
Because everything about real estate in New York is hellish and complicated, it took us well over a week to apply and get approvals to move in. On January 25 we got our keys to the new apartment and embarked on a mad three-day shopping binge to acquire the things we’d need to move in. After all, we’d been living out of suitcases for nearly six years. We had NOTHING required to live in an apartment. No furniture, no dishes, no sheets or towels or silverware or toilet paper or cookware. Finally, on January 28 a whole set of rented furniture was delivered, and we moved out of the W Hotel and into our new home at 196 Orchard Street. It felt really weird to have a place to call “home” again.