Comments on: Now Is A Great Time To Buy A Harlem Townhouse

By: Alison

Alison — Tue, 26 Apr 2011 19:27:28 +0000

Thanks for your post! Great primer. Now moving from Long Island (kids away at school) & looking into Harlem …

By: Jay Harper

Jay Harper — Sun, 05 Sep 2010 13:59:39 +0000

@Salar – Apparently abandoned buildings are hard to insure. Our insurance agent (David Bodansky, (212) 561-8990 x201) got us a policy with Chubb that covers both the rental apartment we’re in and the house for a little more than we were paying for rental insurance. I think it’s just liability on the house. Our agent wanted us to get more “in case it burns down”. We told him it had already had a fire and there wasn’t much more to burn. When we start construction we’ll need to add on a “builder’s risk” policy – that’s quite pricey.

By: Salar

Salar — Mon, 02 Aug 2010 19:28:56 +0000

This is a very thorough post! I have been in the market for over 2 years now and agree with a lot of what you’ve written. We’re now in contract on a place in Hamilton Hts. What did you end up doing for homeowners insurance? We’re hitting some dead ends, and our place is habitable.