Client Stories

WEST 80S | $3,300,000 | 2016

Upgrading on the Upper West

Paul and Annie trade up to a larger Upper West Side home for their family of four.

Exclusive listing and property photograph courtesy of Sotheby's International Realty. Purchasers represented by Ian K. Katz Group.
After a busy open house with 30 visitors, and numerous offers, our negotiations yielded a transaction at 6% over asking price, and our closing smoothly followed.

The Needs

Paul and Annie, long-settled Upper West Siders, owned their two bedroom cooperative on West 93rd Street for seven years. As busy executives with a growing family, they became snug in their home, with two young daughters growing quickly through pre-school years. Before long, our clients realized they required a larger home nearby to sustain their busy family for decades to come.

The Plan

First priority was to meet Paul and Annie's most urgent need: more space. We expediently made use of a seller's market to list and sell their home on West 93rd Street and relocate the family to a larger temporary rental.

We implemented a marketing plan for the listing, beginning with cleaning, neutralizing and professionally staging the residence to prepare for market. We then launched with a savvy asking price, positioning the home to fill an inventory gap for move-in ready two bedrooms. After a busy open house with 30 visitors, and numerous offers, our negotiations yielded a transaction at 6% over asking price, and our closing smoothly followed, with the property now in the good hands of a lovely couple relocating to the UWS from Massachusetts.

Firmly settled into their rental, Paul and Annie set our purchase search target to a six cross-street section of the Upper West Side for its nearness to their daughters' school. Aside from ample space for living, cooking, entertaining and private quarters, our clients sought light and exposures, similar pre-war character to their first home, and a well-renovated space with good flow.

After purposefully searching as homes trickled to market, we came upon a lovely Classic Eight in a pre-war co-op with historic provenance on West 82nd Street (pictured above). The owners had raised their family in the home for decades, and executed a thoughtful restoration of its pre-war elements, coupled with a renovation of its kitchen, baths and laundry area. After an extensive negotiating period, Paul and Annie's offer was ultimately accepted. Financing and board approval came smoothly, and after a rewarding closing, our clients and their daughters moved in and spread out into their large pre-war home.

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