New York Observer:

Best of the West: A Selection of Uptown Offerings

December 3, 2015Read Full Article

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.”

 

 

Naftali Group - 182 West 82nd Street