Seema Aggarwal » seema.aggarwal

April 2010 Market Report – Sales Surge Across the Boards

seema.aggarwal — Sat, 22 May 2010 20:10:20 +0000

Based on new development condominium sales, all sales figures have gone up across the boards (except lower inventory!). Should be noted prices have stabilized for the most part. Most telling about this report is that many of last year’s sales were holdovers from pre-construction contracts signed before the market downturn. Today’s sales reflect a shorter contract period as inventory was built and contracts signed within the last few months.

Spring Upswing!

seema.aggarwal — Tue, 11 May 2010 03:41:46 +0000

Spring selling season is in fill swing. Quarter over quarter, new development condominium sales have more than doubled. Average price per square foot remains strong at $1300/sf.

For more information or stats to help to with your search, feel free to reach me for the latest market report.

January / February Corcoran Market Snapshot

seema.aggarwal — Tue, 11 May 2010 03:40:56 +0000

Get the latest real estate news from the city's top firm

Wonderful Carnegie Hill Coop between Fifth and Madison Avenue

seema.aggarwal — Sat, 27 Feb 2010 17:03:30 +0000

Located off Fifth Avenue!

Carnegie Hill Coop – Located off of Fifth Avenue!

Boasting western light, this lovely one bedroom / one bathroom home exudes the charm and character of the Upper East Side’s best neighborhood, Carnegie Hill. Within the home, the kitchen is open to the living area with hardwood floors and 9′5″ ceilings. In-wall bookshelves line one wall of the living room allowing for maximum use of storage spaces. There are two floor or ceiling foyer closets, in addition to a large custom closet in the bedroom. A windowed kitchen and bath, elevator, video intercom, live-in super and laundry in the building complete the package. Pied a terres and co-purchasing allowed. Sorry, no dogs.Carnegie Hill is a neighborhood is bound by Central Park to the west and Lexington Avenue to the east, and between 86-98th Streets. Built in 1911, 30 East 95th is a boutique coop building with 37 residences and 7 floors. The neighborhood boasts many independently owned shops and eateries, with groceries only 2 short blocks away and dining options from cafes and bistros to formal restaurants. Be in a prime Upper East Side location, just steps from the Guggenheim, Central Park’s Engineers Gate and The Reservoir.

The Club at Turtle Bay: Studio Condo Rental

seema.aggarwal — Sat, 27 Feb 2010 16:56:00 +0000

The Club at Turtle Bay: 236 East 47th Street

FURNISHED or UNFURNISHED RENTAL available in the Club at Turtle Bay located in the heart of Midtown!

Full service building with doorman / concierge services, garage in building, and a discount at the neighboring YMCA. Move right in to this convertible one bedroom outfitted with modern furnishings, ample closet space, and a dressing area. Entertain using the pass-through kitchen with dishwasher and microwave. This condominium also boasts a marble bathroom, and to top it off – high ceilings, and Southern views of the Chrysler Building. Laundry is two floors down. Near the United Nations, Grand Central Station (4,5,6,7,S subway lines), FDR Drive, and all the desirable Midtown shops and restaurants. Sorry, no pets. Available in mid-August.

116 Pinehurst – Stunning Hudson View Gardens Coop

seema.aggarwal — Sat, 27 Feb 2010 16:39:45 +0000

**Elegant and Bright Classic 5 in the highly coveted Hudson View Gardens Cooperative**

Located in prime Washington Heights, directly across from Bennett Park, this wonderfully renovated 3 bedroom, 1 bathroom home leaves no stone unturned. A gracious foyer with two closets leads into the living room with original oak herringbone floors. This spacious 20′x13′ living area is adjacent to the formal dining room, large enough to seat 8 and separated by light and airy French doors. The open kitchen boasts GE Profile stainless steel appliances, a 30-bottle wine refrigerator, white porcelain sink, and marble counters. The bathroom is fitted with marble floors and walls and Kohler fixtures. Two very large bedrooms, each with custom closets, get wonderful light – one east facing and the other west facing. The third bedroom comfortably fits a twin bed, and also features one of the casement windows this prewar building still maintains. A home audio system in each room, space-saving Runtal radiators, inset ceiling lighting, and cable hardwired into each room completes the package.

Hudson View Gardens amenities include off-street parking, a lounge for private parties, community theatre, 24-hr security, a fitness room, 1 block to “A” line Express train, five acres of landscaped grounds, formal English Garden, bike storage, private storage bins, indoor & outdoor play areas, and mail delivery to your door. Gas and Electric are included in the maintenance.

High Floor, Two Bedroom Condominium at Worldwide Plaza

seema.aggarwal — Sat, 20 Feb 2010 16:28:24 +0000

Worldwide Plaza

Sun blasted 2 bedroom / 2 bathroom condominium in the heart of Midtown! Located in the esteemed Worldwide Plaza, enjoy the conveniences of the neighborhood in a full-service building, while basking in loads of natural light. This home boasts hardwood herringbone floors throughout its split two bedroom layout. A separate kitchen houses the washer/dryer along with plenty of cabinet space. With a corner living room facing south and east, abundant closet space, washer/dryer and marble baths, this home is not to be missed. Located on the 16th floor of the 50th Street building, and available immediately. Shares Allowed.

80 Park Avenue Studio Condominium Rental – Just Steps from Grand Central

seema.aggarwal — Sat, 20 Feb 2010 16:16:53 +0000

Spacious Condominium Studio – Available Immediately! This sixth floor home is located in one of Park Avenue’s best kept full-service condominium buildings, just steps from Grand Central Station. A gracious foyer with closets leads into a large living area. With dimensions of 18′0×15′7, and an adjoining dressing area, this home offers many layout options. Enjoy panoramic views of Manhattan from the landscaped roof garden, 24-hour doorman and elevator operator, laundry room and garage all complete the package. Centrally located with access to the 4/5/6/S trains and many shops and restaurants.

Corcoran Sunshine Market Flash: January 2010

seema.aggarwal — Wed, 17 Feb 2010 17:18:39 +0000

Newest Statistics for the NYC Real Estate Market

seema.aggarwal — Sat, 21 Nov 2009 20:18:42 +0000

Wondering how the NYC real estate market is doing? Here are some statistics that may surprise you.

The number of signed CONDO contracts for October 2009 is up 32% over September 2009, and is up 135% over October 2008.
October boasted the most condominium signed contracts for 2009.
The number of signed COOP contracts for October 2009 is up 30% over September 2009, and is up 160% over October 2008.
At this point in November – a little more than halfway through the month – the number of signed contracts this month is already more than the total for November 2008.
Co-op sales generally increase 5% in November; November co-op sales will most likely be higher than October if the pace of sales remains steady
Available inventory is at its lowest in 21 months– down 24% from its peak in March 2009.
Total available inventory is approximately 9,300 units (last at this level in March 2008).
The average CONDO sale price is $1.95M in Q4 2009, 29% higher than Q3 2009 and 12% higher than Q4 2008
Buyers are purchasing larger residences this quarter versus Q3 2009
Price per square foot increased 15% versus Q3 2009 as the high-end of the market rebounded – more resales in trophy buildings around Central Park