Welcome to this mint renovated one bedroom home at The Forum! This well designed floorplan has it all covered. The kitchen with adjacent dining area has been opened up and renovated with beautiful stainless steel appliances, custom cabinetry, and bar area with wine refrigerator. A generously sized living room allows for relaxing and entertaining. The balcony is perfect for an al fresco cocktail. The bathroom has been designed with beautiful finishes, fixtures, and storage. This light filled home is complete with a full size washer/dryer and gorgeous hardwood floors throughout. Building: The Forum is a condop: it does not require board approval and allows 90% financing, unlimited subletting, pied-à-terres, gifting, and co-purchasing. Pets allowed. The maintenance is 49% tax deductible. Amenities include a 24-hour doorman, live-in resident manager, roof deck, fitness center with steam room and sauna, and parking garage, which has direct elevator access. All located in a prime Upper East Side neighborhood. The Forum is minutes from Central Park, excellent restaurants, shops, fitness classes, and some of the best museums in Manhattan. It's also close to Central Park, John Jay Park, the East River Promenade, and it offers easy access to the FDR Drive. The new Q train and the 72nd Street crosstown bus are both only 2 blocks away. Land Lease information: The Forum was granted a 149 year land lease with the Greek Orthodox church as landlord. There are 116 years remaining on the lease and its payments represent only 12% of the building's operating budget. The building ground rent increases are very predictable with an average 2% increase per year annualized. The next increase will not occur until September 2027.
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