Manhattan Condominium Report Q1 2013

Manhattan condominiums performed well in the first quarter of 2013.  According to data by Miller Samuel, average price per square foot of $1,377 represented an increase of 4.6 percent compared to a year ago.  Median price at $1.195 million was a 13.8 percent increase over last year.   Inventory level decreased by 35.4 percent.

Most Popular Neighborhoods in New York

Q:  What are the most popular neighborhoods in New York?

A:  It depends.

Top property agents in Manhattan, New York

The 2012 ranking, by listing volume, of New York's top residential property agents.  

1. John Burger   $411 million
2. Carrie Chiang   $316m
3. Paula Del Nunzio   $293m
4. Dolly Lenz   $255m
5. Serena Boardman   $198m
6. Elizabeth Sample and Brenda Powers   $163m
7. Noble Black Team   $135m
8. Sharon Baum and David Enloe   $127m
9. Kleier Team   $127m
10. Leonard Steinberg Group   $127m

New York Historical Society

New York Historical Society is newly renovated, feels like being in a large mansion, not crowded, has a great film on New York and it's the best place to learn about New York.  The photo is from their current exhibition on WW2.

WSJ: Defining luxury across the globe

Wall Street Journal's chart in the article, Defining luxury across the globe.

Average property price by neighborhood in New York

Based on popular demand from clients, here is an updated list of the average property price by neighborhood in Manhattan, New York.  The numbers are based on a snapshot of the average asking price of a 2-bedroom condominium.

There are many ways to slice and dice these types of data.  Being a former finance guy, I understand well how numbers can be cut differently to present a story.  For example, we could look at average price per square foot and the order would change.  Or the average price of a coop, average price of a 1 bedroom (vs 2 bedroom) condo etc.

Places That Changed Me

"I suppose I could live somewhere else, but I never feel at home anywhere but New York City.  Those of us who didn't grow up in New York have such a deep sense of this:  Of growing up somewhere else and then coming here and just absolutely knowing that this is where we belong and where we belonged all along.  It's the way you feel when you fall in love with the love of your life.  You're just so sure... The truth is that if you unpack your bags in New York, you live here." 

Nora Ephron, novelist & film director