Posts featuring PERSPECTIVES
MARKET TRENDS
Year-Over-Year Numbers Even Out As Bid-Ask Spread Tightens on the Upper West Side
Posted October 10th, 2018 by Richard Pretsfelder, Sophie Smadbeck
Momentum continued this month for the Upper West Side townhouse market with 3 sales in September, all of which were multifamily properties which... Read More
UPPER WEST SIDE
After Slow Start to Summer, UWS Townhouse Market Begins to Show Signs of Life
Posted August 6th, 2018 by Richard Pretsfelder, Sophie Smadbeck
True to typical summer seasonality, sales volume slowed in July with only one sale. However, the one sale at 352 Riverside Drive was an 8-figure... Read More
MARKET TRENDS
Is New York Losing Its Appeal Among Foreign Real Estate Investors?
Posted January 15th, 2018 by Caylyn Sullivan
The recent release of the results of the 2017 survey taken among the members of the Association of Foreign Investors in Real Estate (AFIRE) have... Read More
PERSPECTIVES
An Era of Less Imaginative Buyers
Posted November 16th, 2017 by Kristina McNerney
In today’s real estate market, we are noticing that more and more buyers are craving move in ready homes. The whole concept of gutting and... Read More
MARKET ADVICE
To Stage or Not to Stage?
Posted September 25th, 2017 by Richard Pretsfelder
One of the most common questions I get from sellers of vacant homes is whether or not they should invest in staging. My answer differs based on a... Read More
PERSPECTIVES
How will the rezoning of Midtown East impact the Upper East Side?
Posted September 7th, 2017 by Caylyn Sullivan
Just a few weeks ago, after 5 years of planning the City Council approved the plan to rezone Midtown East in a unanimous vote. Here are some things... Read More
MARKET ADVICE
An Epidemic of Fakers
Posted August 30th, 2017 by Lydia Rosengarten
One of the most important jobs of a real estate professional is to insure the efficacy of a buyer, especially in a townhouse transaction. First and... Read More
PERSPECTIVES
Which Upper East Side Block's are Linked to a Quicker Sale?
Posted August 25th, 2017 by Kristina McNerney
Why is it that some townhomes sell quicker than others? Is it just luck, or is there some sort of link between a fast sale and the traits of the... Read More
PERSPECTIVES
Religious Institutions Turn Residential
Posted August 14th, 2017 by Richard Pretsfelder, Sophie Smadbeck
A common trend lately, both on the Upper West Side and throughout the city, has been the conversion of places of worship to residential... Read More
MARKET ADVICE
Accurate Pricing Key to Moving Townhouse Inventory
Posted May 31st, 2017 by Richard Pretsfelder, Sophie Smadbeck
Sales of Upper West Side townhouses through May of 2017 continued to outpace sales from the same period in 2016. Total sales volume to date is... Read More