New York Observer
December 3, 2015
The lack of inventory in the Upper West Side market hasn’t always made it especially easy for those wanting to move there. A number of new condo conversions in the neighborhood, however, have generated some interest, especially for families, while new rental buildings are attracting singles.
“The Upper West Side has everything, from people who are young, old, in-between! All different kinds of people,” Corcoran broker Deanna Kory told the Observer. “There are some things happening that will make it easier for people to be comfortable on the Upper West Side. Before, they may not have seen the product they wanted to see—or any!”
Yet the area hasn’t yet revealed itself to be a place where the international buyer is opting for a second home.
“I don’t think that the inventory coming to, or already on, the Upper West Side market is an international concern to buy,” said Louise Phillips Forbes, a broker at Halstead. “I think it is all local New Yorkers, who are going to be moving for the schools [and] for the value.”
221 West 77
221 West 77th Street; new condo construction
Designed by Thomas Juul-Hansen, two- to five-bedroom layouts spanning 1,715 square feet to 5,992 square feet. Units are half and full floors, townhouse and penthouse. Smallbone of Devizes did kitchens, with fixtures by Dornbracht. Building amenities include roof deck, outdoor grill and gym. Occupancy slated for spring 2017.
Developer: Naftali Group
Sales and marketing: Stribling
Available units: 8
Price: $4 million to $23 million
182 West 82nd Street
Penthouse W; condo
A 2,049-square-foot duplex penthouse in prewar building with private elevator access. White oak floors, quartz counters, south, north and west exposures, 2,438-square-foot two-level terrace with outdoor barbeque.
Price: $5.995 million
Size: 3 bedrooms, 3 bathrooms