A Special Advertising Supplement to The New York Observer

Upper East Side Living The Insider’s Real Estate and Neighborhood Guide • Fall 2010

Cover Photo

The Laurel
A Superior Standard
of Living

Top 10 Upper East Side

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Insiders Guide

* To the Real Estate Market

The Latest Data
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Rental Prices by * Under the Radar Hotspots
 Million dollar
views through
Central Park.
Life on the Upper East Side
In the
Lap of Luxury
T
he Upper East Side has
traditionally evoked images
of luxury, beauty and class,
a historic neighborhood
that was, and continues to
be, a favorite of celebrities
and multiple generations of
wealthy families.
“The neighborhood appeals
to the rich and famous,”
said Kelly Mack, president of
Corcoran Sunshine Marketing
Group. “From celebrities to the
business and financial titans,
many people have homes
here.”
Celebrity
neighbors.
2
The sights of the Upper
East Side are iconic New
York landmarks, like the
Metropolitan Museum of
Art. Spots like the East River,
Central Park and the Carl
Schurz Park bring nature to a
neighborhood scattered with
pre-war buildings and new
structures. Madison Avenue’s
high-end shopping also
solidifies the lavish reputation
of the area.
“Madison is one of the
most expensive streets in
the country,” said Reba
Miller, president of RP Miller
& Associates. “Madison is a
signature place for high-end
couture companies.”
Restaurants and hotels
are also staples to the
neighborhood. Whether you
prefer fancy French cuisine
or inexpensive take-out, the
Upper East Side has it all.
Visitors have their pick at
classic housing options like The
Plaza, or new establishments
like The Mark Hotel.
By Emily Canal
“There is nothing that you
cannot find on the Upper East
Side,” Mack said. “You can
walk down the street, into an
Italian restaurant and have a
great meal and you don’t have
to pay a fortune.”
There are also infamous
bars like Elaine’s that host
journalists, authors, and stars
like Alec Baldwin, Meryl
Streep, and Billy Joel.
“It’s one of the most
famous bars in New York,” said
Les Meyers, a real estate agent
with Citi Habitats. “It is a true
New York experience and a lot
of fun.”
The top
tier market
Across the board, brokers
on the Upper East Side agreed
getty images; cover image: dbox
that the market is sound and
people are still interested in
what the neighborhood has to
offer.
Miller said the market is
 400 East 67th Street

Left: The crowning glory of

The Laurel is its spectacular top
floor penthouse featuring
panoramic views. The double-sided
wood burning fireplace grounds
this great room creating a warm,
yet striking atmosphere.

Studio to Four Bedroom Condominium reSidenCeS | on-Site Parking

Far Left: The shimmering infinity

edge 50 ft lap pool can be found in
The Laurel’s 8,000 sq ft fitness
facility and features a glass mosaic
tile interior and botticino
marble deck.
Left: The Laurel Condominium,
a graceful new residential tower
fashioned of glass and limestone
is located on the Upper East Side,
in Manhattan’s most coveted and
convenient location.

triathlon training Center | SCreening room | Children’S Play areaS

Left: The Laurel’s Penthouse

features a private bi-level terrace
and roof deck with an additional
wood burning fireplace.

Buyers seeking quality – quality

of construction, quality of
finishes, quality of life – find
The Laurel a true value.

immediate occupancy
12,000 sf of amenities
Leed certified
421a tax abatement
60% soLd
financing avaiLabLe

400 east 67th street | 212 750 5550 | LaureLcondominium.com

deveLoped by aLexico group. excLusive marketing and saLes agent: the sunshine group, Ltd.

photography by evan joseph. the compLete offering terms are in an offering pLan avaiLabLe from
sponsor. financing for quaLified purchasers onLy. fiLe no. cd-06-0801. sponsor: 1240 first avenue LLc.
 be difficult for a broker to
satisfy. She added that years
ago people would have been
willing to give something up,
but current clients are not
making the same sacrifices.
“It has to be really perfect
in every which way, and that’s
so difficult to do,” Miller said.
“Its hard to satisfy customers
when they ask for more then
what they can get for their
money.”
Meyers agreed and said
that people are trying to find
something that suits their
needs.
“I really find that people
are just trying to maximize
their dollar,” Meyers said.
“They are trying to get a
much as they can on the
Upper East Side.”
Mack said she is seeing
more people looking for
larger residences these days.
“Most people we are
selling to are already living on
the Upper East Side and want
to upgrade,” Mack said. “They
stable and she hasn’t noticed
are moving into something
any new trends.
larger or something new.”
“People are concerned
Overall, brokers agreed
about how to live and where
that the turnover rate for
to live,” Miller said. “The
property on the Upper East
market is decent and priced
Side is very high.
correctly.”
“We have fantastic
Miller also said that most
inventory right now,” Mack
customers are looking for a
said. “But as that is being
(above) East complete package, which can
River fishing and sun
(below) Central Park
and Fifth Avenue
aprtments
from the air.
4
absorbed into the market, its
not being replaced.”
Mack added that prices for
property on the Upper East
Side are still higher than other
neighborhoods in Manhattan.
She said that the price per
square foot is $1,450 on the
Upper East Side and $1,300
throughout other parts of the
island. Customers are also
playing approximately $2.15
million instead of $1.75 million
for condos.
“Not a lot of people leave,”
Mack said. “We see many
people continue to trade
up because they want more
space.”
Location,
location,
location
When it comes to
attracting new residents,
the Upper East Side entices
people with its schools,
amenities in the buildings and
residential streets.
The public and private
schools are known throughout
the country. This can be
attributed to their scholastic
ratings or “Gossip Girl.”
Miller said there are so many
options that people from
ed yourdon; wikimedia
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E XCLUSI V E M A RK E T ING A ND S A L ES AGEN T: The complete offering terms are in an offering plan available from Sponsor. File No. CD-06-0596. Sponsor: WB IMICO LEXINGTON FEE LLC,
CO RCO R A N SU NSH I N E M A RK E TI N G G RO U P 805 THIRD AVENUE, SEVENTH FLOOR, NEW YORK, NEW YORK 10022. Property: 151 East 85th Street, New York, NY.
 “People want to walk streets and security.
into an apartment and see “It’s residential and you’re
everything is beautifully less likely to be dragged by
done,” Fenton said. shoppers,” Meyers said. “It
“Everyone wants it all.” becomes more of a location
Fenton said some of driven thing with the river
the popular requests are and attraction to the green.”
finishings, doormen, and While families live on the
fitness centers. He added Upper East Side, they don’t
that people are attracted tend to work there. Fenton
to buildings with new said that many are attracted
appliances in the kitchen and to the residential feel of the
nice floors. tree-lined streets, but work in
Brokers also commented busier sections of the city.
all over the world can go to
on the residential feel of the “There are many people
school on the Upper East Side
neighborhood compared who don’t work but live
and feel right at home.
to areas like Wall Street and here,” Fenton said. “Someone
Gracious “There are good school
Midtown. who works on Wall Street
townhomes systems all over and lots of
“A lot of people live there doesn’t always want to live
on every street. choices,” Miller said “There
and it’s one of the prominent there because it’s not as
are private schools for those
residential locations,” Mack residential.”
that wish to send [their kids]
said. “Some people don’t Miller concurred that the
and good public schools.”
want to walk around and see general feeling of the area
Arthur Fenton, senior
signs or high rise commercial drove many to stay on the
vice president of Prudential
buildings.” Upper East Side.
Douglas Elliman, said people
Meyers said families that “You always know
looking on the Upper
live on the Upper East Side someone in the streets,” Miller
East Side are attracted
tend to stay and new people said. “It’s easy to feel the
to buildings with great

cloneofsnake
are attracted to the quiet neighborhood.”
amenities.

An enclave of privacy and luxury

that only a few will call home.
Nestled in the prestigious Upper East Side landmark district,
1055 Park Avenue is a true rarity. A new condominium offering
five spectacular residences, you will be indulged in exclusivity
and privacy.

Two to Four bedroom duplex and triplex condominium

residences priced from $6.1 Million

• 421-A Tax abatement • Immediate occupancy

• Crafted by renowned • Floor-to-ceiling windows
architects and designers overlooking Park Avenue
• Private entry and elevator • Central Park views available

Open House | Sundays 12pm to 3pm

Sales Office Open Monday - Friday 10am to 6pm
or by appointment

Melanie Lazenby, SVP • Dina Lewis, SVP • 212 534 1055 • 1055park.com
The complete offering terms are in an offering plan available from the sponsor file #CD07-0709. Sponsor: IGOC I Park LLC c/o Davis Development Holdings LLC, 425 Madison Avenue, Suite 1700, New York, NY 10017.
 The Best of Everything at
The East Side’s Best Address
Heated Rooftop Pool • Landscaped Roof Terrace Facing Central Park
Residents’ Lounge with Fireplace • Dining Room with Catering Kitchen
Media Lounge & Card Room • Children’s Playroom • Teen Game Room
On-Site Valet Parking • Fitness Center with Terrace • 24-Hour Full-Service
Concierge • Many Homes with Private Terraces Overlooking Central Park

Interiors Designed by Andre Kikoski

Exquisite Model Homes Furnished by Ligne Roset

Studios with Home Offices from $724,000

One-Bedrooms from $829,000
Designed by Two-Bedrooms from $1,375,000
world-renowned architect,
ROBERT A.M. STERN Three-Bedrooms from $1,603,000
ARCHITECTS, LLP Larger Homes Available

Overlooking
Manhattan’s most
With a world of art majestic green space,
& culture at your door, CENTRAL PARK
THE MUSEUM
FOR AFRICAN ART

Along the city’s

celebrated
Museum Mile,
FIFTH AVENUE

421a-Tax Abatement & LEED Certification Anticipated | 212 • 996 • 1280 | 1280FIFTH.COM | By Appointment Only

The complete offering terms are in an Offering Plan available from Sponsor. File No. CD 08-0486. Obtain the Property Report
required by Federal law and read it before signing anything. No Federal agency has judged the merits or value, if any, of
this property. Artistic rendering shown, final results may vary. Equal Housing Opportunity. Advertising by Lorelli Associates.
 The famous
Plaza Hotel.

Stylishly Green,
Elegantly Glenwood

The Best of the UES

The finest Manhattan rentals in the

neighborhood of your choice.

What to Do,
Near the Best NYC Public Schools • Unparalleled Service
Fitness Center • Children’s Playroom & Swimming
Pool • 24-Hour Doorman • Magnificent Lobbies
Landscaped Gardens • Exciting City Views
Spacious Layouts • Building-Wide Water Filtration
Systems • On-Site Parking Garage
Where to Eat
(the best off-the-radar haunts)
UPPER EAST SIDE
1BRs from $2,495 2BRs from $3,895 Conv 3BRs from $4,595 By Rachel Morgan

MIDTOWN & UPPER WEST SIDE

1BRs from $2,995 2BRs from $4,495 3BRs from $8,295
Museums
TRIBECA & FINANCIAL DISTRICT
At the Metropolitan Museum of Art (1000 5th
1BRs from $3,495 2BRs from $5,195 3BRs Call for Avails
Ave., 212-535-7710) see a 100-foot long and 50-foot
high bamboo installation on the roof, browse through
indulgent 1780’s European home decor or spend a free
Sunday at the museum listening to exhibit-specific
lectures.
GLENWOOD
BUILDER OWNER MANAGER
Asia Society (725 Park Ave., 212-288-6400) offers a
UPTOWN LUXURY LEASING OFFICE
different cultural perspective on art. The museum, led
212-535-0500 by energetic director Melissa Chiu, offers thousands of
DOWNTOWN LUXURY LEASING OFFICE artifacts and art from South Asia, Himalaya, Southeast
212-430-5900 Asia, China, Mongolia, Korea and Japan.
Open 7 days, 10AM-6PM • NO FEE
Free parking while viewing apartments Whitney Museum of Art (945 Madison Ave., 212-570-
glenwoodnyc.com 3600) offers innovative exhibits like the performative
arts-centered Off the Wall and digital art as the
dbox

Equal Housing Opportunity

P R E M I E R NIKKI FIELD
P RO P E RT I E S www.NikkiField.com

721 FIFTH AVENUE: $45,000/month

EAST RIVER COOP: $19,500,000 1 WEST 67TH STREET: $7,500,000

870 UNITED NATIONS PLAZA: $4,500,000 205 WEST 57TH STREET: $4,500,000 535 PARK AVENUE: $3,975,000

785 FIFTH AVENUE: $3,900,000 417 PARK AVENUE: $3,600,000 136 EAST 64TH STREET: $1,999,000

35 WEST 54TH STREET: $1,900,000 870 UNITED NATIONS PLAZA: $1,775,000 444 EAST 57TH STREET: $1,250,000

EAST SIDE BROKERAGE I sothebyshomes.com/nyc

38 EAST 61ST STREET, NEW YORK, NY 10065
NIKKI FIELD SENIOR VICE PRESIDENT, ASSOCIATE BROKER
T 212.606.7669 I nikkifield.com
Sotheby’s International Realty, Inc. is owned and operated by NRT LLC. Sotheby’s International Realty® is a registered trademark.
 The Guggenheim
Museum.

Exciting
Neighborhoods.
Great Rentals.
No Fee.
For over 30 years, we’ve been helping
New Yorkers live well in the
world’s greatest city.
With a long tradition
of offering homes in centerpiece for Artport - definitely different from
the finest buildings, anything you’ve seen within the confines of a traditional
Bettina Equities is museum.
known for prices
that make Manhattan The Frank Lloyd Wright-designed Guggenheim
living within reach. Museum (1071 5th Ave., 212-423-3500) can definitely
Attractive studios be considered a piece of art from the outside but there’s
to spacious three- good stuff on the inside too. Explore the influences of
bedroom duplexes Cubism and Cubo-Futurism at the new exhibit, Broken
and triplexes Forms: European Modernism from the Guggenheim
in the most desired Collection or explore the many shades of gray at Julie.
neighborhoods: Mehretu’s Grey Area.

Upper East Side The Frick Collection (1 East 70th St., 212-288-0700)
Upper West Side showcases some of Europe’s most celebrated paintings
– all in Henry Clay Frick’s former 5th Ave. mansion. Really
Clinton
makes you nostalgic for the time when living quarters
Murray Hill weren’t the size of a Frye boot shoebox.
Gramercy Park
El Museum Del Barrio (1230 5th Ave., 212-831-7272) is
Union Square
certainly not your typical museum. Situated on the edge
East Village of Spanish Harlem and a center of Latino culture and art
with vibrant, exciting exhibitions.

The Jewish Museum (1109 5th Ave., 212-423-3200)

With over 40 properties and more than
2,000 units throughout Manhattan, we
help people find apartments they love,
in the neighborhoods they prefer.
offers a wide variety of exhibitions this fall, from a
collection of lamps designed by famed architect
Frank Gehry in Fish Forms: Lamps by Frank Gehry, to
the remaking of a documentary of radical Shulamith
Firestone by artist Elisabeth Subrin to a collection of
800 paintings, artifacts and photographs in Culture and
Continuity: The Jewish Journey, one of the museum’s
permanent collections.

Bettina Equities Rental Office
227 East 85th Street, New York, NY 10028
Monday - Friday 9AM - 7PM
Saturday and Sunday 10AM - 6PM
www.BettinaEquities.com
Landmarks
92nd St. YMCA (1395 Lexington Ave., 212-415-5500)
has become an Upper East Side staple, offering
everything from exercise classes to dance performances
to lectures from big names like Katie Couric, Tony Blair
and Nora Ephron.
The New York Public Library (368 East 67th St., 212-
734-1717) offers much more than just books for loan.
Enroll in a computer class, have your kids join a summer
amaianos

212-744-3330
MANHATTAN
Local Experts Worldw ide
PROPERTIES

116 EAST 70TH STREET: Extraordinary triple mint
townhouse off Park Avenue on exquisite block. Living
room and library with grand bow windows. 5 bed-
rooms, elevator, 2 terraces, garden. $26,000,000. WEB:
NYO0017310. Louise Beit, 212.606.7703
740 PARK AVENUE: Immense 15-room duplex in
coveted prewar coop. Features soaring ceilings, sunny
southern exposures, and 4 large bedrooms with ensuite
baths. $26,000,000. WEB: NYO0016023. Meredyth Smith,
212.606.7683, Serena Boardman, 212.606.7611
119 EAST 78TH STREET: The George Abbott
and Katherine Dodge Brownell house. 4 stories,
18.9’ wide brownstone with 5 bedrooms, garden.
$9,900,000. WEB: NYO0016468. Stan Ponte,
212.606.4109, Robin Reardon, 212.606.4118

135 WEST 69TH STREET: New. Completely reno-
vated 19’ wide, 5-story home with soaring ceilings, 5
bedrooms, fabulous eat-in kitchen, planted garden and
a recording studio. $9,000,000. WEB: NYO0017323.
Roger Erickson, 212.606.7612
31 SUTTON PLACE: Beautifully renovated private
home with crown moldings, high ceilings, landscaped
garden. Full-floor master bedroom plus 4 additional
bedrooms. $7,500,000. WEB: NYO0017102. Dorothy
Sexton, 212.606.7608, Pauline Evans, 212.400.8740
40 EAST 66TH STREET: New. Triple-mint 3-bed-
room prewar condo, living room with fireplace, for-
mal dining room, sun-drenched master bedroom,
eat-in chef’s kitchen. $6,950,000. WEB: NYO0017272.
Roger Erickson, 212.606.7612

THE PRASADA, 50 CPW: This rare corner premier
co-op boasts 11’ ceilings, 46’ of Central Park frontage,
northern outlooks. An oversized master bedroom and
2 additional bedrooms, 3 baths. $6,000,000. WEB:
NYO0017123. Roberta Golubock, 212.606.7704
136 EAST 79TH STREET: Elegance and refinement
characterize this gracious 8-room home, 3-4 bed-
rooms, 3 baths, 4 fireplaces, floor-to-ceiling windows,
3 exposures. $5,900,000. WEB: NYO0017126. Valerie
Sherman, 212.606.7684
CHELSEA CONDO WITH GARDEN TERRACE:
Abundance of natural light, flexible accommodation
and newly landscaped terrace. 2 bedrooms, 21⁄2 baths,
10’ ceilings, private storage. $2,890,000. WEB:
NYO0017267. Eric Roche, 212.606.7769

112 WEST 56TH STREET: Triple mint penthouse,
2 bedrooms, 21⁄2 baths full-service boutique condo
with large South-facing terrace. Luxurious finishes.
$1,995,000. WEB: NYO0017078. Donna Senko,
212.606.7785, William Hilliard, 212.606.7689
176 BROADWAY: Sprawling 1,900± sq ft loft with
9+’ ceilings offers top quality and unlimited flexibility.
3 bedrooms, 11⁄2 baths, eat-in chef’s kitchen, virtually
unlimited storage. $1,195,000 WEB: NYO0017012.
John Olsen, 212.606.7779
575 PARK AVENUE: Superb primary or pied-a-terre
residence in lovely condition overlooking Park
Avenue. 2 bedrooms, 2 baths. Maintenance includes
utilities and maid’s service. $1,075,000. WEB:
NYO0016500. Louise Beit, 212.606.7703

MANHATTAN BROKERAGES I sothebyshomes.com/nyc

EAST SIDE 38 EAST 61ST STREET, NEW YORK, NY 10065 T 212.606.7660 F 212.606.7661
DOWNTOWN 379 WEST BROADWAY, NEW YORK, NY 10012 T 212.431.2440 F 212.431.2441
Sotheby’s International Realty, Inc. is owned and operated by NRT LLC. Sotheby’s International Realty® is a registered trademark. Farm of Jas de Bouffan, used with permission.
 The Metropolitan
Museum of Art
on Conservatory Pond or simply lounge on the park’s
countless well-maintained grassy areas and stare at the
clouds. Trust us, your inner child will thank you.

Restaurants
JG Melons (1291 Third Ave., 212-744-0585) is an iconic
New York burger joint and its affordable fare - $8.50
burgers and $3.95 fries – are a great dinner or late-night
snack.

The Stumble Inn (1454 Second Ave., 212-650-0561) is the

ultimate venue to channel your inner frat guy – guzzle a
few beers, watch some Monday-night football and munch
on one of the bar’s famous stuffed burgers ($9.95.)

Sample the legendary beer selection at the Kinsale

reading program or even trace your family’s roots with a
Tavern (1672 3rd Ave., #93. 212-348-4370.)
genealogy course. (Check your local branches for specific
classes and times available.)
The Oak Room at the Plaza Hotel (10 Central Park
South, 212-758-7777) provides an upscale dining
The Goethe-Institute (1014 5th Ave., 212-352-3101)
experience at one of the city’s most renowned hotels.
is the go-to place for embracing German culture
Living up to its name, the restaurant has been fully
with art exhibits or language classes. Another plus,
restored to its former glory and features intricate oak wall
the neighborhood was once home to many German
and booth carvings. Trust us, it’s worth seeing, although
immigrants and there are a plethora of authentic German
the menu is a bit pricey.
restaurants where you can score a pint of cold German
beer or a plate of sauerkraut.
The Roof Garden Café (1000 5th Ave., 212-535-7710) at
the Met is one of those quintessential New York places
Marymount Manhattan College’s (221 East 71st St., 212-
every New Yorker should go to at least once – and maybe
517-0400) theater is a great alternative if you’re itching
more than once. Enjoy a quiet lunch among sculpture and
to see a live production but don’t want to shell out the
the garden and maybe splurge on a drink at lunch. How
big bucks for a Broadway show. Shows Marymount’s
very British of you.
students have performed in the past include Field of
Dreams, Wicked, The Lion King, Little Shop of Horrors,
In the mood for a stiff drink? Mustang (1633 2nd
In Living Color and many more. (Call for specific shows
Ave., 212-744-9194) is for tequila lovers only. Our
availability and performance times.)
recommendation? The Mustang Margarita.
Carl Schurz Park (East End Ave. to the East River, East
Zaza (1207 1st Ave., 212-772-9997) is the Upper East
84th-E 90th Sts.) is perfect if you need some green
Side’s resident French eatery. Try the ravioli or risotto of
space but want to avoid the hustle and bustle of Central
the day, paired with sangria, of course.
Park. This hidden gem has great views of Randall’s Island,
Gracie Mansion, Ward Island and the East River.

Central Park Conservatory Garden (Enter at 5th Ave.

and 105th St.) is the perfect alternative to public parks
that can be noisy and crowded. The garden is a quiet
zone, which means no musical instruments, radios
without headphones, bikes or unleashed pets. The
six-acre formal garden is divided into three sections –
French, English and Italian styles. (8 a.m.-dusk.)

John Jay Park and Pool (FDR from East 76th-78th Sts.)
offers various activities for families with kids. The 3,000-
acre park boasts basketball courts and a 145-foot pool – a
hot commodity in the steamy summer months.

When in doubt, you can always head to Central Park,

where there’s always something to do. Admire the
famed Alice in Wonderland statue, rent a sailboat to sail Famous
restaurants.
Cresny

12
 Luxury living never looked so good.

Attainable. Accessible. Available. Azure.

• Private roof deck with spectacular views
• State-of-the-art fitness center
• Full-time concierge
• 20-year tax benefit
• Immediate financing available 80% loan to value
601 SF STUDIOS FROM $520K TO 2,517 SF 4 BR’s FROM $2.5M

212.828.4848
www.AzureNY.com
333 East 91 st Street at First Avenue
the color of life ON-SITE SAlES & DESIgN CENTEr

Another fine development by

The complete offering terms are available in an offering plan available from Sponsor. File No. CD07-0555. Sponsor: 1765 First Associates, LLC, 820 Elmont
Rd., Elmont, NY 11003. We are pledged to the letter and the spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation.
The
Neighborhood Expert
Jacky Teplitzky
Managing Director, Prudential Douglas Elliman
By Rachel Morgan
J
acky Teplitzky, a
managing director at
Prudential Douglas
Elliman, is something of a
company legend. Teplitzky
started off as an underdog
in the industry, but after 14
years of working mostly
on the Upper East Side,
she has emerged as a real
neighborhood expert – and
also earned her company’s
Legend Award in 2008.
Teplitzky shares her insider
view on the Upper East
Side’s market, pricing
and advice for buyers.
Q: How did you get in to
residential real estate?
JT: It was an interesting
situation. Basically I was
looking to buy my own
apartment [on the Upper East
Side] when I was engaged to
be married. I started to look
around, started to look at real
estate and I saw that it was a
majority of women that were in
this business, but most of them
were doing it part time or as
supplemental income to their
spouses’ main income. I came
from a corporate background,
I was the managing director
of a large corporation and
basically I said to myself, what
will happen if I brought my
corporate skills to real estate?
And I thought that somebody
would be able to make a lot
of money out of real estate – if
you do it right. And there was
one broker specifically who
was showing me an apartment
and said to me, ‘You know
Jacky, if you ever think about
a career change, you should
think about real estate.’
Q: What are some of your
career accolades or biggest
accomplishments?
JT: I think that my biggest
14
accomplishment is that when I
started in the business, no one
wanted to hire me, including
the company that I’m working
for now. [They] never returned
my phone calls and the reason
for that was because at that
time, real estate was all about
who you know, who are your
social contacts – and I was
an outsider. I was born in
Santiago, Chile, I was raised in
Israel. So everybody [asked]
me, who are you going to sell
real estate to? You don’t know
anybody in New York. You
don’t have children going to
private school. You didn’t go
to private school. You didn’t
go to college here. At that
time, it was 1996, it was all
about who do you know. I was
incredibly turned off by the
whole thing. I thought, I am a
managing director of a multi
national company, I speak four
languages – and I cannot get
into real estate? I think that
my biggest accomplishment
was that everybody told me
that I was going to fail.
Q: What’s the most
challenging part of your job?
JT: To keep everybody
happy. Everybody always has
something to say, to basically
criticize what you’re doing.
Sellers thinking that you
are not doing enough for
them, buyers thinking
that you are not
representing their
best interests.
You have to keep
knowing every
single minute of
the day what is
going on in the
marketplace so
you can advise
your client in the
best possible way.
Q: In what areas of
the Upper East Side
do you show most often?
JT: All throughout, from 57th
to 96th streets. Basically
what people are looking
for now is space – basically
the area that is considered
the Upper East Side has
expanded. When I first
starting selling in the Upper
East Side, people used to tell
you, ‘I will not cross 86th St.’
Anything above 86th St. was
considered no man’s land.
And now, nobody even thinks
about going into the 90’s.
Q: How would you describe
the real estate market on
the Upper East Side?
JT: Eclectic, because you have
everything. You can find the
studio - 400-square feet for
$400,000; and you can find
a mansion that we just sold
off of 5th Ave. for $45 million.
So you have everything for
everybody. You have the very,
very high end and you also
have starter apartments.
Q: Are prices up or down
on the Upper East Side
now, compared to 2007?
JT: From 2007, the whole
market is down, not only on
the Upper East Side. What we
have to take into consideration
is that some areas got hit
[harder] than others. But
I don’t think it depends so
much on geographic area,
it’s more about the type of
apartment. You have more
1-bedrooms available than
3-bedrooms, the reason
for that is because of the
inventory that is available in
the marketplace in New York
in general. Overall, we have
had the market correction,
but now we [are in] more
of a stabilization mode.
Q: What neighborhoods are
hot in the Upper East Side
now?
JT: There is more value now,
if you go into the upper
90’s, you will get more for
your money, more space
for your money, than if you
go to the 60’s or 70’s.
Q: Is the Upper East Side real
estate market on an upswing?
JT: I would say that we are
in a stabilized mode, not
in an upswing right
now. I’m not seeing
price increases.
I’m seeing the
prices stabilize.
Q: How
would you
rate the
Upper East
Side in terms
of demand?
JT: High demand.
Absolutely.
 Making scents of Lincoln Center,
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Upper East Side
New Development Directory
The following is a list of new developments currently on the market in the Upper East Side.
More information can be found in the New Development Directory available on StreetEasy.com.

Carnegie Hill
Landmark Name Street Address Total Units Property Type New Construction?
1055 Park Avenue 5 Condo New Construction
180 East 93rd Street 9 Condo New Construction

Lenox Hill
Landmark Name Street Address Total Units Property Type New Construction?
The Blake 220 East 63rd Street 182 Rental Conversion
Manhattan House 200 East 66th Street 556 Condo Conversion
40 East 66th Street 33 Condo Conversion
The Laurel 400 East 67th Street 128 Condo New Construction
Trump Park Avenue 502 Park Avenue 120 Condo Conversion

Upper East Side

Landmark Name Street Address Total Units Property Type New Construction?
255 East 74th Street 81 Condo New Construction
The Charles 1355 First Avenue 45 Condo New Construction
Barbizon/63 140 East 63rd Street 65 Condo Conversion
The Lucida 151 East 85th Street 110 Condo New Construction
Merritt House 167 East 8vd Street 38 Condo Conversion
The Mark 25 East 77th Street 10 Cond-Op Conversion
300 East 79th 40 Condo New Construction
Isis 303 East 77th Street 32 Condo New Construction
Miraval Living 515 East 72nd Street 365 CondO Conversion
995 Fifth Avenue 26 Land-Lease Co-Op Conversion
Carnegie Hill Place 1510 Lexington Avenue 298 Rental New Construction

Yorkville
Landmark Name Street Address Total Units Property Type New Construction?
The Brompton 205 East 85th Street 163 Condo New Construction
Georgica 305 East 85th Street 58 Condo New Construction
306 East 82nd Street 7 Condo New Construction
Azure 333 East 91st Street 128 Land-Lease Co-Op New Construction
Century Tower 400 East 90th Street 128 Condo Conversion

16
 market statistics
provided by
market snapshot
Below is a market snapshot as of September 15, 2010
of what is currently available for sale and rent.

All upper east side market snapshot

SALES RENTALS
Type #Listings Price Type #Listings Price
Studio 237 $385,000 Studio 245 $1,900
Sales Office Tel Website 1 BR 789 $599,000 1 BR 571 $2,575
2 BR 683 $1,420,000 2 BR 326 $4,097
212-534-1055 www.1055park.com 3 BR 372 $2,982,500 3 BR 109 $6,995
212-439-5183 www.180e93.com 4+ BR 250 $6,097,500 4+ BR 52 $16,875

Lenox Hill MARKET SNAPSHOT

Sales Office Tel Website
212-758-6363 www.blake63.com
212-566-0660 www.manhattanhouse.com
212-734-4066 www.40east66.com
212-750-5550 www.laurelcondominium.com
212-355-2500 www.trumpparkavenue.com
SALES RENTALS
Type #Listings Price Type #Listings Price
Studio 93 $395,000 Studio 58 $2,195
1 BR 230 $649,000 1 BR 136 $3,097
2 BR 232 $1,695,000 2 BR 85 $6,500
3 BR 103 $3,030,000 3 BR 38 $10,025
4+ BR 81 $7,095,000 4+ BR 15 $18,500

yorkville market snapshot

SALES RENTALS
Sales Office Tel Website Type #Listings Price Type #Listings Price
212-249-1221 www.255east74.com Studio 60 $369,250 Studio 99 $1,650
212-317-3681 www.thecharlesny.com 1 BR 227 $549,000 1 BR 240 $2,325
212-418-2094 www.barbizon63.com 2 BR 135 $985,000 2 BR 117 $2,600
888-521-3687 www.thelucida.com 3 BR 72 $1,800,000 3 BR 31 $5,250
4+ BR 54 $4,300,000 4+ BR 15 $11,000
212-734-8282 www.themerritthouse.com
212-772-1600 www.themarkhotel.com
212-452-1300 www.300east79.com
212-732-0372 www.isiscondo.com upper east side market snapshot
212-772-2722 www.515e72.com SALES RENTALS
212-570-9950 www.995fifthave.com Type #Listings Price Type #Listings Price
212-348-0500 www.1510lex.com Studio 73 $365,000 Studio 61 $1,850
1 BR 267 $639,000 1 BR 159 $2,695
2 BR 227 $1,495,000 2 BR 104 $4,400
3 BR 137 $3,200,000 3 BR 25 $6,000
4+ BR 82 $9,900,000 4+ BR 13 $17,500

Sales Office Tel Website carnegie hill market snapshot
212-249-8505 www.thebromptonnyc.com
212-988-8511 www.georgicalife.com SALES RENTALS
212-321-7150 www.prudentialelliman.com Type #Listings Price Type #Listings Price
Studio 10 $624,000 Studio 27 $2,550
212-828-4848 www.azureny.com 1 BR 64 $587,500 1 BR 37 $2,795
212-987-0090 www.centurytowercondo.com 2 BR 85 $1,395,000 2 BR 20 $4,087
3 BR 61 $3,220,000 3 BR 16 $7,028
4+ BR 32 $4,937,500 4+ BR 10 $19,000

Prices indicates median values.

17
Upper East Side
market statistics
provided by

closing prices
The table below presents recorded sales data of condos, co-ops and townhouses in Manhattan and
within the Upper East Side market. Data is from August 2008, 2009, and 2010. In All of the Upper
East Side major market, the volume of transactions this last month have increased since August 2009
and have even returned to August 2008 levels. Median prices have shown dramatic gains compared
to the prior year and compared to August 2008, with the exception of Lenox Hill where median prices
were down by 1.9% compared to 2008.

August Recorded Sales

Recorded sales of condos, co-ops or houses in manhattan (as of 09/15/2010)

In Manhattan Closed On Closing Count Median Price Average Price

August 2008 1,414 843,250 1,577,547
August 2009 1,143 787,500 1,245,659
August 2010 1,009 880,000 1,438,194
August 2010 v. August 2009 -11.7% 11.7% 15.5%
August 2008 -28.6% 4.4% -8.8%
In All Upper East Side Closed On Closing Count Median Price Average Price
August 2008 219 850,000 1,789,000
August 2009 209 805,816 1,702,205
August 2010 225 1,050,000 1,761,291
August 2010 v. August 2009 7.7% 30.3% 3.5%
August 2008 2.7% 23.5% -1.5%
In Carnegie Hill Closed On Closing Count Median Price Average Price
August 2008 25 999,000 2,674,270
August 2009 22 2,112,500 2,836,511
August 2010 30 1,325,000 1,981,266
August 2010 v. August 2009 36.4% -37.3% -30.2%
August 2008 20.0% 32.6% -25.9%
In Lenox Hill Closed On Closing Count Median Price Average Price
August 2008 56 993,805 1,477,224
August 2009 38 715,000 2,022,062
August 2010 65 975,000 1,435,526
August 2010 v. August 2009 71.1% 36.4% -29.0%
August 2008 16.1% -1.9% -2.8%
In Upper East Side Closed On Closing Count Median Price Average Price
August 2008 68 958,760 2,393,656
August 2009 72 1,014,999 1,801,993
August 2010 54 1,412,500 2,848,737
August 2010 v. August 2009 -25.0% 39.2% 58.1%
August 2008 -20.6% 47.3% 19.0%
In Yorkville Closed On Closing Count Median Price Average Price
August 2008 70 681,000 1,134,873
August 2009 77 625,000 1,126,958
August 2010 76 887,500 1,180,413
August 2010 v. August 2009 -1.3% 42.0% 4.7%
August 2008 8.6% 30.3% 4.0%
18
Upper East Side
market statistics
provided by

august asking prices

Below is a market snapshot of listings that were available in August 2008, 2009, and 2010. Upper
East Side asking median prices have fallen but not nearly as much as the overall Manhattan market.
There were fewer listings with price cuts in August 2010 than the year prior. Price cuts this past month
have not been as deep as the year prior, showing an increase in seller optimism and buyer interest.

August Market Snapshot

Listing Average Median Decrease %-age of Average
Count price price count Listings decrease
with cuts percent
IN MANHATTAN
Active on 2008M08* 8,724 2,281,157 1,213,750 2,213 25.37% 5.79%
Active on 2009M08* 11,309 2,034,046 1,075,000 3,788 33.50% 7.28%
Active on 2010M08* 10,383 2,012,391 961,824 3,322 31.99% 6.24%
August 2010 v. Aug-09 -8.2% -1.1% -10.5% -12.3%
Aug-08 19.0% -11.8% -20.8% 50.1%
In ALL of UES
Active on 2008M08 * 1,839 3,267,727 1,399,000 555 30.18% 5.96%
Active on 2009M08* 2,493 2,634,492 1,200,000 903 36.22% 7.34%
Active on 2010M08* 2,276 2,791,917 1,175,000 823 36.16% 6.48%
August 2010 v. Aug-09 -8.7% 6.0% -2.1% -8.9%
Aug-08 23.8% -14.6% -16.0% 48.3%
In Carnegie Hill
Active on 2008M08* 182 3,864,560 1,995,000 63 34.62% 5.93%
Active on 2009M08* 280 3,045,167 1,635,000 107 38.21% 7.76%
Active on 2010M08* 255 3,535,680 1,725,000 82 32.16% 5.44%
August 2010 v. Aug-09 -8.9% 16.1% 5.5% -23.4%
Aug-08 40.1% -8.5% -13.5% 30.2%
In Lenox Hill
Active on 2008M08* 544 4,458,971 1,695,000 162 29.78% 5.95%
Active on 2009M08* 731 3,338,855 1,449,000 279 38.17% 7.53%
Active on 2010M08* 698 3,450,214 1,300,000 247 35.39% 6.15%
August 2010 v. Aug-09 -4.5% 3.3% -10.3% -11.5%
Aug-08 28.3% -22.6% -23.3% 52.5%
In Upper East Side
Active on 2008M08* 591 3,535,277 1,585,000 173 29.27% 6.53%
Active on 2009M08* 887 2,823,953 1,295,000 303 34.16% 7.81%
Active on 2010M08* 821 2,949,256 1,350,000 310 37.76% 7.63%
August 2010 v. Aug-09 -7.4% 4.4% 4.2% 2.3%
Aug-08 38.9% -16.6% -14.8% 79.2%
In Yorkville
Active on 2008M08* 520 1,515,376 884,000 156 30.00% 5.29%
Active on 2009M08* 593 1,292,780 795,000 213 35.92% 6.17%
Active on 2010M08* 500 1,240,481 695,000 183 36.60% 5.42%
August 2010 v. Aug-09 -15.7% -4.0% -12.6% -14.1%
Aug-08 -3.8% -18.1% -21.4% 17.3%

*2008MO8=(08/01-08/31/2008); *2009M08=(08/01-08/31/2009); *2010M08=(08/01-08/31/2010)

19

The Best of the UES
Top 10
By Emily Canal & Rachel Morgan
Scandals on the Upper East Side
1
The Upper East Side is
known for spending and
luxury and UES resident
former governor Eliot
Spitzer is no exception – according
to multiple news sources, he spent
an estimated $80,000 on prostitutes
over several years, a blunder that
cost him the governorship of New
York and a one-way ticket to reality
television stardom.
2
Maybe it’s something about
the governors. New York
Governor David Paterson
also found himself in hot
water with authorities this year – the
governor is now in the midst of a
witness tampering scandal after a
woman filed abuse charges against
David Johnson, one of Paterson’s
staffers. After hearing of the charges,
the governor took the matter into
his own hands - Paterson was
accused of calling the woman and
talking her into dropping the case.
When the incident was publicized in
20
February 2010, he decided to drop
his campaign for reelection.
3
Karma can be nasty,
especially when Christie’s
auction house publicly
displays your mistakes. Last
June, the art collection of disgraced
Upper East Side dealer Lawrence
Salander went up for sale – the
liquidation of his assets was part of
a plan by the U.S. Bankruptcy Court
after the once-famed art dealer
plead guilty to grand larceny and
fraud totaling over $120 million,
charges that earned him 18 years in
prison.
4
Not surprisingly, good old
Bernie Madoff is one of
the top ten scandals on the
Upper East Side. The former
NASDAQ chairman pled guilty in
March 2009 to stealing an estimated
$64.8 billion from investors in a
Ponzi scheme of monumental size.
Some of Madoff’s high-profile clients
Bernie Madoff.
included New York Mets owner
Fred Wilpon, former Philadelphia
Eagles owner Norman Braman and
several banks abroad. Madoff was
sentenced to 150 years in prison.
5
In October 2009, Late
Show comedian and
Upper East Side resident
David Letterman made
an unusually serious statement
on his late night TV show. He
admitted to joining the league of
Tiger Woods and Jude Law by
having an extramarital affair after
CBS producer Robert Halderman
attempted to blackmail him for $2
million. While Letterman got off with
just an on-air apology, Halderman
earned a not-so-funny six months in
jail.
6
Kenneth Starr was arrested
and charged in May 2010
Chris Hondros, getty images
with operating a Madoff-
like Ponzi scheme. Starr
(not same Starr who investigated
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 Patterson and
Dinkins.
President Clinton) operated a $30
million Ponzi scheme by using funds
from big-name clients like Uma
Thurman and Steve Brill to buy
his own swanky triplex on – where
else? – the Upper East Side. He
then proceeded to move into the
apartment with his wife – a former
stripper at Scores. Oh, sweet clichés,
how we love you. Starr had also
previously managed funds of several
A-list clients such as Al Pacino,
Wesley Snipes and Annie Leibovitz
– who claimed the crooked investor
was a main reason in her very public
financial issues.
7
Rep. Charles Rangel,
representative for New
York’s 15th District, which
includes part of the Upper
Rangel.
22
East Side is still running for reelection
in November, despite being in the
midst of an ethics trial stemming
from a laundry list of accusations,
including failure to pay taxes on his
Caribbean real estate, underreporting
his income and assets, renting
four rent-stabilized apartments for
personal use, improper use of official
House stationery, and the like. And
the amount of evidence to back up
these charges is large, to say the
least. Looks like Rangel is going to
get wrangled – by tax officials,
that is.
8
It seems the Catholic clergy
are no longer the only ones
under the microscope. In
August, Buddhist teacher
Eido Shimano, was accused by
several sources of having extramarital
affairs with both his students and
other women. Shimano, the head
spiritual teacher at the Zen Studies
Society on east 67th St., had for
years been suspected of cheating
on his wife, but the accusations only
came to light when the so-called
“Aitken Papers” were revealed
– Robert Aitken, founder of the
Buddhist Peace Fellowship, had kept
a file on Shimano from 1964 to 2003,
detailing interviews with women who
had had affairs with the Buddhist
teacher. Shimano has since resigned
from his board of directors and will
remain in his position as head spiritual
teacher until 2012. Not surprisingly, he
will not be given any new students.
9
Former New York City Rudy
Giuliani was a mayor who
fully embraced the Broken
Window Theory – cutting
down on petty crime, subway
offenses and vandalism as the
stepping-stone to a better, safer
New York. So it was a big shock to
the New Yorkers everywhere when
Giuliani’s daughter, Caroline Giuliani,
20, a Harvard student, was picked
up this summer for shoplifting $100
worth of makeup from the Sephora
on East 86th St., near where she
lived with her mother, Donna
Hanover. Young Giuliani received
community service for her youthful
indiscretion.
10
Apparently you can’t
trust anyone anymore
– not even your dog
walker. On Aug. 11,
Upper East Side dog walker Felipe
Domingues, pleaded not guilty
Stephen Lovekin, Alex Wong, getty images
to filching more than $90,000 in
jewelry from his clients’ Upper East
Side apartments. He’s accused of
taking jewels from three different
homes. He remains in custody and
maintains his innocence.
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the laurel the lucida

Located on Manhattan’s A limited number of
sought after Upper residences remain at
East Side, The Laurel The Lucida, a dramatic
features studio to four 21-story glass curtain
bedroom condominiums wall condominium
with abundant natural developed by Extell
light, sweeping Development
views and the most Company. Offering
elegant refinements. residents a lifestyle that
LEED-certified construction and modern design are combines the prestige of the Upper East Side with eco-
complemented by rare conveniences such as on-site consciousness, the Lucida also includes the ultimate in
parking and 12,000 sq. ft. of private amenities including modern amenities: a LA PALESTRA Fitness, Wellness and
a 50 ft. lap pool, triathlon training center, screening room Spa Center, indoor playground designed exclusively by
and children’s play areas. The Laurel is 60% sold and Kidville, N.Y., private lounge and game room, wine cellar
offering immediate occupancy. Financing available. and bike storage.
www.laurelcondominium.com 212.750.5550 For more information, call 212.585.1510

24
manhattan house
Manhattan House has
introduced The Modern
Collection, a selection of
signature-designed residences
available for the first time
at this iconic landmarked
residential condominium.   Glenwood’s signature finishes,
Set within private gardens,
Manhattan House has been impeccably re-engineered,
combining its Modernist heritage with quintessential
elements of contemporary living.  Exceptional amenities
and services include the residents-only rooftop level with
Manhattan Club and exhale® spa, a Roto Studio-designed
children’s playroom, exhale® fitness center, full-time
doormen, five-star concierge, porte-cochere entrances,
and on-site garage and valet service.
The pavillion
Located at 500 East 77th St., the
historic Pavilion offers the best
of luxury rental living today. The
Pavilion’s one-, two- and three-
bedroom homes are built with
growing families in mind, boasting
generous proportions and timeless
sophistication. Just steps from
John Jay Park and the City’s finest
schools, residents also benefit from
Glenwood’s full-service amenities
including landscaped rooftop
sundecks, available valet and maid service and on-site
shopping. For more information, call 212.535.0500 or visit
www.glenwoodnyc.com.

sotheby’s, nikki field sotheby’s international realty

Nikki Field, Senior Vice Sotheby’s
President, Associate International
Broker, has been a Realty The East Side
dynamic presence with Manhattan office is
Sotheby’s International just steps away from
Realty since 1998, Central Park in one
consistently ranking of the most desirable
among the global agency’s neighborhoods in the
top five producers and city. It is known for its
accomplishing sales of prime Manhattan real
nearly one billion dollars. estate, which includes
America’s Top 400 Real Estate Professionals for 2008, some of the city’s most elegant historic and prewar
an annual ranking sponsored by The Wall Street Journal, homes. Our brokerage staff offers unsurpassed service
ranked Nikki in the top 100 Agents in America and in the to our clients. Our agents are thoroughly familiar with the
top 10 in New York City for Sales Volume. neighborhoods in this area, and with all aspects of sales,
including the demands of the luxury market.

upcoming
Neighborhood GUIDES
October 6th: Upper West Side; October 13th: Upper Manhattan;
October 20th: Downtown; October 27th: Long Island City (newsprint);
November 10th: Brooklyn
For more information on these upcoming magazines, please contact:
Robyn Weiss, Associate Publisher,
Observer Neighborhood Guides
Phone: 212-407-9382 • Email: rweiss@observer.com
25
The
Deal Closer
Cindy Bernat
Senior Vice President and Associate Broker, Corcoran
By Rachel Morgan
W
ith 33 years in the
business and 500
closed deals under
her belt, Corcoran Senior
Vice President and Associate
Broker Cindy Bernat is no
stranger to the complicated
world of Manhattan real
estate. Bernat specializes
in relocation services for
corporate clients and strives
to educate all her clients
on the complex world of
cooperatives, condominiums
and townhouses. About half
of her business is generated
on the Upper East Side.
Bernat sounds off to the
Observer about what it’s really
like to be a broker in one of
Manhattan’s most desirable
neighborhoods.
Q: How long have you worked
in the Upper East Side
market?
CB: I have been with Corcoran
for 13 years and work in all areas
in Manhattan [but] about 50
percent of my business is on
the Upper East Side.  use these times to attend
QQ: In what Upper East Side
neighborhoods are prices/
sales up?
CB: Carnegie Hill, Park
Avenue and Fifth Avenue
have traditionally been more
stable markets. There are
many pre-war coops in these
areas and they are much like
buying a fine, irreplaceable
antique. These areas offer us
a good lesson in economics
- there is always a strong
demand and a limited supply,
causing prices to hold up
nicely even in challenging
markets as we have now.
Q: How would you rate this
neighborhood in terms of
demand?
CB: The Upper East Side
26
is geographically larger
than most Manhattan
neighborhoods, going all the
way from Fifth Ave. to East
End Ave., so there is much
activity and diversity in price
and opportunities for value.  I
would rate this neighborhood
in high demand.
Q: How have you handled
working during the economic
downturn, during a time
when it seems like no one
was buying?
CB: I have never had a time
when no one was buying or
selling.  People’s lives change.  like your own family and be
They get married, have
babies, grow older, and they
will always need a trusted
advisor when they need
to make a change.  When
things slow down, as they
do in the summer months
in Manhattan, I recharge my
battery with weekends at the
beach or sightseeing in my
favorite city, knowing that the
phone will ring again soon
with one of my customers
needing my help. I also
Corcoran’s training institute.
We have the most amazing
ongoing training in almost
every aspect of real estate
including our award winning,
state of the art interactive
website that is the favorite of
buyers and agents alike.  You
cannot find another more well
trained and knowlegeable
group of agents who are kept
up to the moment in their
profession. In other words, I
keep busy with the business
of real estate in between busy
times.
Q: When did the rental/
buying landscape start to
upswing? Or has it, in your
opinion?
CB: Things began to look
brighter at the beginning of
2010. I think Americans as a as common outdoor space,
people do not like to be down children’s playrooms and
very long. They have a very pools are very popular. 
resilient spirit and tend to go
out there and figure out a way Q: What’s the most
to make things happen. New memorable property you’ve
York has been more resilient shown?
than other cities in the United CB: My all-time favorite
States, so we have been very property is one I have on the
fortunate. market today. It is one of the
most beautiful properties
Q: What do you think are the I have ever seen in the city
keys to success as a broker on - a penthouse at 524 East
the Upper East Side? 72nd St. on the 49th floor
CB: The key to anyone’s with a striking floor plan
success is to care about and panoramic 360-degree
and respect your customers views of the entire city,
East River and Manhattan’s
responsive to their individual many bridges. The price
needs.  The key to my success is close to $9 million and
is to approach every person it is an incredible value. 
and every situation with the Comparable properties on
utmost knowledge, respect Central Park West would
and integrity and most be $24M and still not
importantly, a very warm as beautiful.  It is just a
smile.  If you smile while you spectacular home.
are talking with anyone, they
can ‘see’ it, even over the Q: What are three things that
phone. I have a Southern make an apartment a hot
female personality, which is commodity on the market?
very friendly and gracious, CB: Location, location,
with a steel will. I will make it location - and condition
happen for my customers. and size.
Q: What are things renters or
buyers want now that they
didn’t five years ago on the
Upper East Side?
CB: Everyone wants value
today. The bells and whistles
were all very nice in the past,
but [today,] people want the
most they can get for their
dollar - and that means
physical space. 
Q: What specific
features of
properties are
popular now on
the Upper East
Side?
CB: The Upper
East Side has a large
population of children.
Therefore, features such
 Whether you’ve had a baby and bought a new car, or now have a teenager
on the road, your insurance should keep up with your life. Call today for
a free review to help you decide what protection is right for you.

BARBARA A. GRIMALDI
(212) 759 3920
227 EAST 56TH ST
NEW YORK
BGrimaldi@allstate.com

Appointments to fit your schedule.

Insurance subject to availability and qualifications.Allstate Insurance Company and Allstate Property and Casualty Insurance Company, Northbrook, Illinois © 2009 Allstate Insurance Company.
 THE
MODERN
MANHATTAN
BY

BEDROOM

MASTER SUITE

CELERIE KEMBLE

FOYER

GREAT ROOM
REF W/D

BEDROOM
WC

DW

INTERIOR
1,861 SF (173 SM)

3 Bedrooms
3 Bathrooms
Wood Burning Fireplace
manhattanhouse.com +1 877 397 3415

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