All Aboard!

After over a month of gathering and organizing, we are FINALLY ready to submit our board package to the co-op we are looking to buy into. With the board's approval, we will be given the go-ahead to purchase the apartment and close. Of course, with the holidays (and our vacation to Argentina) fast approaching, this may take awhile. To keep things moving we've decided to meet with our architect in anticipation (fingers crossed!) of board approval. And in anticipation of meeting with our architect, we've started to peruse the design books and magazines at our local bookstores. This research hopefully will give us ideas for both this apartment... and whatever other project later on (b+b anyone?). Ideas or suggestions of where to look welcome.

STEP 1

We are currently working on STEP 1 of our "Moving On Action Plan" (or at least that's what I'm going to call it for now). This means we are in the process of purchasing an apartment in Manhattan. Specifically, apartment 4C at 2 Charlton Place. I know that this must seem so quick. But really, we've been holding out on you and are just now getting around to the update! Sorry 'bout that.

2 Charlton is a co-op apartment building built in the 60s (ick), on the corner of 6th Avenue and Charlton. This is located on the very western edge of SoHo. Below you can see the layout which, you must admit, has a fair amount of potential. We already have a signed contract, but need board approval prior to closing. So we're hoping by mid-January we'll be the proud new owners of an apartment that needs to be renovated.

Moving On

I apologize for waiting so very very long before updating this. We had to pause as we made a decision whether we could move forward with buying a bed and breakfast... or if it would have to be delayed. What can I say? This is a pricey undertaking and, at this point, we just need more planning (and funds!) to make it all happen. That said, WE ARE NOT GIVING UP! Nope! We are just re-strategizing (is that even a word?) on how to get there from here. Some thoughts:

STEP (1) Buy investment property here in Manhattan
STEP (2) Renovate said investment property
STEP (3) Save! Save! Save!
STEP (4) Plan! Plan! Plan!
STEP (5) Sell investment property for a pretty penny
STEP (6) Buy bed and breakfast

Or something like that. Right now we're still on STEP 1. However, we're thinking that whatever we do here will help lay the group work for STEP 7, which is to run the bed and breakfast! So, keep checking back. I promise we won't wait so long to post again, and we'll continue to update you on our progress. At least for now as it relates to STEP 1.