The Upper West Side Townhouse market consists of many different types of houses. The most well-known are single-family houses that are either brownstone or limestone, which are often located on charming tree-lined blocks. There are a few blocks with mansion-style townhomes often located on the Avenues and on a few Central Park West blocks. And last, there are multi-family homes, which were originally single-family homes but were divided during the Great Depression and onward as landlords could not rent entire homes during those times. This newsletter covers the Upper West Side Townhouse market overall, starting with a brief overview of...

We’re thrilled to share the exciting news of the Deanna Kory Team’s outstanding NYC real estate sales achievements last year. The prestigious Real Deal magazine has ranked us as the #2 co-op sales and the #5 resale condo sales for 2022. This recognition is an honor and we hope speaks to our team’s unwavering dedication and expertise in NYC’s demanding real estate market.

Conquering Co-op Sales:
Our success in co-op sales is undeniable. The Real Deal rankings reveal that we sealed an impressive 54 co-op deals, totaling a staggering $193,775,533. Our ability to navigate the intricacies of co-op transactions and build strong...

Every spring, we analyze the Central Park West real estate market. Similar to the broader Manhattan market, the Central Park West real estate market experienced strong sales volume in the first half of last year, followed by a slowdown in the second half. However, since the beginning of 2023, the number of large apartment sales have been increasing, with nearly one contract signed over $4M per week since January 1st! We provide a comprehensive analysis of active listings, as well as recent contracts and closings on this beloved boulevard. We also provide our experienced advice for both buyers and sellers...

Excerpts from a recent BrickUnderground.com article entitled: How do high carrying costs lower the sales prices of a co-op or condo? Is there a formula to figure this out?:

“In addition to the sales price of a co-op or condo, an important consideration when you buy in New York City is an apartment’s carrying costs—the monthly payments you’ll make towards building operations. In a co-op, these monthly payments are called maintenance, and in a condo, they are common charges. If you have a mortgage, you will have additional financial commitments. So when you consider apartments in...

The Riverside Drive – West End Avenue neighborhood above 70th Street is a special and quiet residential Upper West Side area, unique in its beauty and desirability within a block of Riverside Park yet close to all conveniences and transportation. The real estate market here is also unique and therefore merits its own analysis which we provide in this newsletter. In this annual overview of the Riverside Drive-West End Avenue real estate market you will find an analysis of the Manhattan market in general, including a review of what has transpired over the last year, a current snapshot and what...