
The Pinehurst
Eighty-six percent of the Pinehurst's apartments are owner-occupied, and all the seats on the board are filled by resident owners.
On the Market
Currently two apartments is are for sale in The Pinehurst, one on the second floor and one on the fourth floor. The New York Times mentioned Hudson Heights as a place to find a great apartment, and wrote up the neighborhood too.
Our property listing in The Times is available here.
Why buy in The Pinehurst? For one thing, our high rate of live-in owners means that the building is maintained and improved by its residents, the people who live in it every day.
For another, the Furman Center for Real Estate and Urban Policy at New York University reports that real estate value in Washington Heights surpassed the city
average after both of the last two recessions (1980-89 and 1996-2006).
Only seven other neighborhoods in the five boroughs can make that
claim, and not all increased as much as WaHi: up 241 percent in the eighties and up 333 percent from 1996 to 2006.
Compared to other neighborhoods in Manhattan, our maintenance fees are below average to boot. So if you're looking for a property that will return value, skip the
Village, the Upper West Side and Murray Hill. Visit an open house at The
Pinehurst and make your investment now. If you're new to the world of co- operative housing, read through The Times' guide to co-ops and mortgages.

Our annual tag sale brings out the best in everyone.

Halloween tricksters in The Pinehurst.
In 2010 the Pinehurst welcomed a significant upgrade to its elevator. In 2008, a major renovation to the building's façade repaired bricks, stones and terra cotta that had lasted a century. Part of the renovation included replacing every window in each apartment with energy-efficient windows that tilt in for easy cleaning. They came with screens, too.
Green improvements resulted in an energy tax credit for shareholders equal to about five percent of their maintenance fees in 2009. That's in addition to the 34 percent deduction permitted for the co-op's mortgage and property tax payments.
For information, please e-mail us or send a letter to:
447 Fort Washington Avenue, Box 68
New York, NY 10033