Location is and always has been the prime motivating factor when purchasing luxury real estate. How many times have I been asked by brokers and buyers: "what's it between? How far from the Park?"

Well if you want to be close to the park and don't want to pay the premium for it, try the "other" park, Carl Schurz Park, a beautiful stretch along East End north of 79th Street that is quiet, tranquil and truly beautiful. A single family home in this neck of the woods is considerably cheaper than if it were West of Park. As an example, 546 E 87th Street, a beautifully renovated 3,500 sf townhouse is under contract for $6,200,000, West of park tack on a minimum of another $2mm.

A 30 footer along East East Avenue (142 EEA) newly constructed with panoramic views of the East River is on for $8.5m, an unheard of price West of Park Ave. Just consider keeping your options open and allowing for the possibility of a new and different perspective. You may be pleasantly surprised.