Luxury Listings NYCJuly 23, 2013Q & A: What is important to buyers looking in the neighborhood and how is that changing?
Buyers looking in Gramercy Park want quality. The neighborhood has a cache because of the park, prewar co-ops and architecturally significant buildings. Even with standard new buildings like 160 East 22nd Street by Toll Brothers, consumers are willing to pay more to be close to the park, but want designer finishes in buildings with amenities.
– JARROD RANDOLPH of CORE