Thoughts on the year 2012 market for Dorchester Towers:
The relaxation of the pet policy allowing dogs will open up a new pool of buyer’s to the building. The planned renovation of the hallways and lobby will definitely increase the aesthetic value and potentially apartment value once it is completed. We will hear the comment occasionally from a buyer that the hallways are due for an update, so once the renovation is done, we believe that will help the building stay competitive with some of the newer condos in the area. Financing still remains focused to a few banks because of the percentage ownership of sponsor apartments. Pricing looks to be fairly consistent to what we saw in 2011, price within the comparable sales factoring in condition, view, floor and apartment size and with the right marketing and you should be able to sell rather efficiently.
For Dorchester Year 2011 Market Report for different apartment size click below links:
Part I: Dorchester Towers Condo Alcove Studio and Junior One bedroom
Part II: Dorchester Towers Condo- One Bedroom
Part III: Dorchester Towers Condo-Two to Three Bedroom convertibles
http://155West68thStreetApt420.RealBird.com
There are other agents who may have sold or rented one unit in Dorchester tower in the past, but one sale or one rental does not mean they have the most experiences of this unique building.
In this buyer and seller savvy market place, it is most advantageous for Dorchester Towers condo owners to work with agents like ourselves who knows Dorchester in and out and be the advocate for the Dorchester owners. If you are an owner, feel free to call or email us at (917)837-8869 to have a fair market evaluation of your condo unit today.
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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)
We specialize in Manhattan New York Condominiums, townhouses, condops and cooperatives. We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate needs in private. Thank you.
To read more about Manhattan New York Real Estate, click on our websites below:
Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent
