Manhattan Market Mondays -….in with the new out with the old…..

Happy new year !!!

Just over a year ago,we embarked on this usually weekly journey recapping observations from my trials and tribulations (and joys and successes) as an agent in Manhattan. The Real Estate and Women community has been amazing.And as we head into 2012 ,isn’t it always the case we are all looking back at the year that was and making bold promises (resolutions) for the year that we want it to be ….

What did you resolve last year ? Did it work out ? If so ? Why ,if not,why not ? What will we do differently this year ?

At the moment I am especially fascinated by how some of this is playing out in the immediate market I work in. The news heard round the world,a reported purchase of an $88M penthouse at 15 Central Park West (and an accompanying staff purchase of a 2BD ) – a reported purchased that dwarfed a closing that same week,in the SAME building for $24M.

….only in New York,would it take $88M to dwarf $24M…BUT WAIT ..there’s more…

During what is often the lull as we approached New Years,I went with a colleague to preview One 57- when we were there,the reported price of the penthouse was $98.5M – and after the splash that deal at 15 Central Park West has made…they INCREAESED their price  to $110M !!

Similar activity of properties going into contract also reported at the Touraine

When we were at the sales galleries for both One 57 and Touraine, it was fascinating to see the quality of the work,and learn more about the pricing. But the buzz… palpable. People are purchasing sight unseen essentially again,merely from floor plans and the sales offices,and seeing sight lines…at these astonishing prices !

Over the holiday weekend,when ostensibly I was attempting to catch up on sleep and errands- the phone rarely stopped buzzing,with inquiries. Even after losing my voice,I was out showing.

And now,this is a week of catching up after a bit of a slow down to re-energize for the new year,and of excitement as Real Estate Bar Camp New York (Proud to be a sponsor and have been a part of the planning committee  !)  ,Agent Reboot,and Inman Connect come to NYC the week of January 9th.

If you are coming to any of these, please let’s find each other and toast to a terrific 2012 – if not ,follow the hashtags ( #rebcny #icny #agentrb) for lots of informational nuggets, photos and videos !

Here’s to a terrific week ahead !

There are no comments yet. Be the first and leave a response!

Leave a Reply

Wanting to leave an <em>phasis on your comment?

Trackback URL