Testimonial of the Month
Donna,
I am a realtor from Keller Williams. I just wanted to let you know that I live in 11 East 86th Street and viewed the exclusive apartment marketed by Donna Olshan in my building. I was blown away by the way it showed. Donna was very quick to say it was staged by you and recommended you with a full heart.
This is to acknowledge your professionalism and to say I hope to need your services some day.
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On the Market Empty for 4 Months,
Staged and Full Asking Price Offer Accepted
in Just 1 Month!
This loft apartment in the NoHo (North of Houston Street) section of Manhattan was on the market, empty for over 4 months. Most buyers could not envision the space, nor did they feel any kind of emotional connection when they walked in.
In just one month after staging with rental furniture, our decorative accessories and original art rented from an art gallery, the owners received and accepted a full price offer!
Living Room Before
Living Room After
Living Room Before
Living Room After
Dining Room Before
Dining Room After
Kitchen Before
Kitchen After
Bedroom Before  Bedroom After
Bathroom Before
Bathroom After
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Market Overview:
New York, NY
According to Corcoran's Manhattan's First Quarter Report:: "Manhattan transaction activity was solid in First Quarter 2013, increasing 1% from First Quarter 2012 to 2,826 closings. A 24% increase in the number of signed contracts from the same time last year illustrates this quarter's exceptional sales momentum. In addition, the number of new contracts signed this quarter exceeded the quarterly average, making it the strongest First Quarter sales performance since 2007." Market Wide: - Sales: 2,800, a 1% increase from Q1 2012.
- Listings on Market: 6,225, a decrease of 26% from Q1 2012.
- Median Price: $2.65 Million, a 2% decrease from Q1 2012.
- New Listings: 4,280, a 29% decrease from Q1 2012.
Condos:
- The median sale price of $1,118,000 is a 12% increase from last year.
- The average price per square foot of $1,242 is a 1% increase from last year.
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The listed inventory is 2,550 units, a 26% decrease from last year.
- Number of contracts signed of 1,550 increased 24% from last year.
Co-ops:
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The median sale price of $635,000 represents a 2% decrease from last year.
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The average price per square foot of $841 represents a 2% decrease from last year.
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The listed inventory of 3,100 is a 27% decrease from last year.
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The number of contracts signed of 3550 increased 27% from last year.
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Tips and Tricks of the Trade:
Spring Design Trends
Try some of these trends from HGTV to freshen up your place for spring!
1. Brilliant Blooms
Decorate with flowers for spring! They add great color, scents, and a fresh look.
2. Natural Style
Let nature inspire you for a fresh spring look and bring the outdoors in!
3. Set the Table for Spring
Try some unarranged arrangements to naturally enhance your table settings!
4. Bold Graphic Patterns
Add texture with trendy motifs. 5. Spring Clean Your Office
Get rid of the unnecessary and create an inspiring office space.
6. Mad About Midcentury
Mix Traditional and Modern for a mid-century, yet not outdated, look.
To see more tips and pictures, visit the original article by clicking here!
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Did You Know...
...The difference between a Mansard Roof and a Gambrel Roof?
What about the difference between Ionic vs. Doric columns?
Find your architectural IQ with this fun quiz from Apartment Therapy!
Click here to test your knowledge.
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Market Overview: The East End
"According to George R. Simpson, President of Suffolk Research Service, Inc., the real estate market on the East End of Long Island is showing a healthy trend of recovery in all respects.
For single family residences, all three market indicators are up 1st Qtr 2013 over 2012."
The following is a comparison of first quarter 2013 vs first quarter 2012, by town, according to Suffolk Research Services:
East Hampton Town:
- The median sales price decreased 2% to $875,000.
- The number of sales increased 49% to 165.
- The dollar volume of sales increased 63% to $245 million.
Southampton Town:
- The median sales price increased nearly 28% to $835,000.
- The number of sales increased by 34% to 300.
- The dollar volume of sales increased 78% to $569 Million.
Southold Town:
- The median sales price increased 29% to $520,000.
- The number of sales increased 3% to 76.
- The dollar volume of sales increased 25% to $45 Million.
To read more about the sale surge on East End summer homes click here.
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