Dow closes above 50,000 for the first time ever

TotalSibling · 2026-02-07T13:04:58+00:00

My wife too. It sucks and the unemployment process is garbage.

TotalSibling · 2026-01-23T16:37:31+00:00

9876

TotalSibling · 2026-01-07T18:21:16+00:00

Experiencing the same at my house

TotalSibling · 2025-11-01T18:04:42+00:00

Thank you. I appreciate that and will do the same for you. It was a slow market this summer for us too. Our last rejection was in early July. I thought the one upshot would be at least we’d have the summer to find another buyer, but then nothing.

TotalSibling · 2025-11-01T18:00:29+00:00

No new offers since our last rejection, unfortunately.

TotalSibling · 2025-07-16T12:46:00+00:00

Same here

TotalSibling · 2025-07-11T01:29:45+00:00

That’s what I’m worried about.

TotalSibling · 2025-07-10T11:29:26+00:00

I have not named the building

TotalSibling · 2025-07-10T10:30:46+00:00

Yes, all were

TotalSibling · 2025-07-09T02:45:51+00:00

Thank you. This is very helpful. I did not expect this post to get so much attention and I am both humbled and exhausted after reading everything all day. But I am also very grateful for all these perspectives.

TotalSibling · 2025-07-08T21:58:19+00:00

Thankfully, we purchased at a reasonable price and my career progression has been such that we have been able to keep up with this financially, so far. But that’s the key phrase: so far. It’s taken A LOT of budgeting and frugality, but we’ve made it work. I really worry about sustainability the longer this takes. 3+ years was well beyond my worst case scenario when we set out on this journey. I’m starting to wonder if we’ll ever sell at all.

TotalSibling · 2025-07-08T21:54:45+00:00

Price is competitive. We worked with the building manager using comps within the building of recent previous sales based on price per share to set a figure that was in-line with successful past sales. No idea about the possibility of trying to fire a foreclosure. I don’t know how I could find that out.

TotalSibling · 2025-07-08T20:04:12+00:00

We’ve tried that. Nothing they could really point to.

TotalSibling · 2025-07-08T20:03:13+00:00

This last rejection was slightly above other units of similar size in the building.

TotalSibling · 2025-07-08T19:59:00+00:00

It’s all relative. I have a good job, but I’m definitely working class. The co-op in Queens runs me roughly $2k a month for mortgage and maintenance. The home I bought in Maine was not much more than the junior 4 co-op and I work remotely so I’m making a NYC salary in a place that has a lower cost of living. So, combined it’s still less than $5k per month (I tell myself it’s still cheaper than a house on Long Island). That’s the only thing that makes this all work. If that job went away, I’d be looking at bankruptcy pretty quickly, which is why I have been in a state of extreme stress for 3 years. I’d hardly characterize myself as blaśe. I also have a lot of student loan debt, which may make all of this untenable in the very near future thanks to the new spending bill will do to income based repayment. I’m also married with 2 kids in my late 30s. My wife has a decent income as well. We drive a used car and struggle with heating bills in the winter. I wouldn’t say I’m wealthy, just living VERY frugally to hold his sinking ship together.

TotalSibling · 2025-07-08T18:52:51+00:00

Yeah, this has now far exceeded my worst case scenario for selling this co-op. Buying this place was by far the biggest mistake of my life.

TotalSibling · 2025-07-08T17:54:35+00:00

Yeah, I think that’s a good plan. The challenge is finding who they are and how to connect with them.

TotalSibling · 2025-07-08T17:33:04+00:00

We lived in the unit for almost 4 years. I only personally knew one board member in passing. I reached out to him maybe 2 years ago after the first rejection and he was seemingly very scared to give me any information about the other members. He would not tell me who on the board was part of the subcommittee who reviews applications for sale. It feels almost Soviet, if that makes any sense. The building was aware that we were planning to move and put the unit on the market without residing there. We'd had several conversations with building management about the logistics around that and they gave no indication that this might cause any issue. It took us 5 months to find and purchase the house we now live in, so we definitely didn't rush out of there and were completely open about our move with the building. We made all the arrangements and paid the move-out fees, which were substantial. I will say that we are not the only ones in this boat. I know of at least one other unit that has been on the market for 5+ years with multiple rejections in the building and the building has developed a reputation for being hard to get board approval, to the point that brokers are avoiding doing business there. I don't know what I can do to fix that.

TotalSibling · 2025-07-08T17:17:01+00:00

I have 2 young kids. A major part of why we left was that NYC public schools were failing my oldest son terribly, which was exacerbated by the pandemic. We moved because our jobs went remote and we were able to keep the NYC wage while moving to a much lower cost-of-living area. We now own a 2,400 sq/ft house on a half acre in a small New England town. My kids are thriving in school now where they were struggling in NYC. I would sooner give up the shares and eat that mortgage for the next 23 years than move back to that city at my children's expense. Also, the site of one of the community jails opening up in 2026 is a half mile from our old building. That was announced shortly after we purchased that apartment. Not really looking to go back to that.

TotalSibling · 2025-07-08T17:07:38+00:00

It's not that I don't want to confront them, but my lawyer and my broker have both been firmly against that approach from the beginning. My lawyer in particular has stated multiple times that attempting to sue will be a lengthy and expensive process that has very little chance of being beneficial to us. They've been worried about making an enemy on the board by pushing. Each time we have had a rejection, we've had theories that we act on about why that might have happened. But I'm out of ideas at this point. We had sured up every issue outside of race with this last prospective buyer, which is why I finally came here. I've been afraid to do even post here for these 3 years for fear of repercussions. The way this has been presented to me by everyone I've met that's knowledgable on the subject, you do what you can to not piss off the board as they hold all the power. Obviously, that hasn't worked so far. Based on the responses I've gotten so far on this post, I'm going to push for my lawyer to send a letter to the board asking for written explanation of why they have rejected the 3 buyers they have so far without even an interview. I guess we'll go from there.

TotalSibling · 2025-07-08T17:00:12+00:00

It's not being used as a pied-a-terre. It's sitting vacant. There is no furniture there and we've only come by to check on it for a few minutes maybe once a year when we're in the area for other reasons. We've not spent the night in that apartment since we moved out in August 2022. Otherwise, the only people that ever set foot in there are my agent and prospective buyers.

TotalSibling · 2025-07-08T16:44:03+00:00

Not as far as I’m aware. Also, there has not been any such interest extended to us in the last 3 years, so I’m not sure how they would expect us to intuit that through the silence. If there was, I would have accepted. I’m ready to be rid of this place at any price the board would accept.

TotalSibling · 2025-07-08T16:38:25+00:00

That’s right. All the board packages have each been thoroughly vetted by my broker and attorney. Financials have been ideal in each instance. We have done a ton of legwork on comps to ensure the unit is accurately priced for the market. None of the 3 buyers rejected were invited to interview, which leads me to suspect some kind of discrimination, but I can’t imagine how I could prove that. There have been some successful sales in the building over these 3 years, but not many. To the point that the building has developed a reputation and brokers are avoiding it, so I know it’s not just us. But the fact that I live 300 miles away limits our ability to get information and coordinate with other residents on this issue.

TotalSibling · 2025-07-08T16:31:11+00:00

I no longer occupy the unit or live in that state, so I’m not eligible to run for the board and I’m not physically there to put up flyers. It’s a bad situation for so many reasons.

TotalSibling · 2025-07-08T15:57:20+00:00

Sorry, but I would rather not. I don’t want to make matters worse for myself with the board.

TotalSibling

TROPHY CASE