Great pre-war two bedroom, two bath apartment at a one bedroom price on a charming tree-lined block of the Upper East Side. Sunny top floor unit faces south with sky views from very large windows and is pin-drop quiet. The apartment has a large foyer with built-in book cases that can be used as a small dining room, charming floor to ceiling plantation shutters in the living room, windowed kitchen with stainless steel appliances, two updated bath rooms, 9 closets and a pantry, and recessed lighting. The elevator building was built in 1928 and converted to a coop in 1968, one of the first in the city. A private 5'x3'x6' storage bin along with common laundry is available in the basement. Close to Carl Shurz Park and the East River. Pets up to 25 pounds are allowed.

Sprawling one bedroom plus large home office in renowned Philippe Starck building! High ceilings and oversized windows add to the loft feel of this sunny and spacious home. Foodies will enjoy cooking in the gourmet kitchen, finished with designer lighting and top end appliances (with garbage disposal, dishwasher, and wine refrigerator). The master bath has a separate shower with Hansgrohe fixtures, as well as a Duravit soaking tub, double sinks, and a Thassos marble countertop. Additional apartment features include open views, 4 inch maple floors, a 2nd full bath, Bosch washer and dryer, and a private STORAGE UNIT on the same floor. Rich with style and amenities, the full service building offers a 24 hour doorman/concierge, children's playroom, fitness center with group classes and pool, bowling alley, squash court, basketball court, theater, wireless lounge/billiard room, sauna & jacuzzi, and a 5,000 square foot rooftop garden.

-Large one bedroom (can be converted to 2 bedrooms) in excellent condition. Apartment features a renovated pass through kitchen, 1.5 marble baths, spacious bedroom with walk in closet, and lovely herringbone hardwood floors. The Waterford is a full service building offering great amenities: rooftop health club (no additional cost), sundeck, party room, laundry, lounge (fireplace, ping pong, pool table), storage, bike room, and guest suites for overnight visitors. Very convenient location near 96th St 6 train stop, FDR, and crosstown bus. Sorry, no pets.

Magnificent and unique pre-war one bedroom in Beekman Place, this four room corner apartment has a flexible layout which allows for a formal dining room, den or a second bedroom. Feel the warmth and charm of this beautifully renovated coop with an open cook's kitchen featuring the best materials, fixtures and design, a peninsula with bar seating, a large foyer, wood-burning fireplace, high beamed-ceilings, crown moldings, lovely hardwood floors, built-in cabinetry, French doors, beautiful bath, and an abundance of windows. 10 Mitchell Place has a beautiful roof-top garden, full-time doorman, elevator, central laundry, bike storage and common storage. Pied-a-terres, pets and sublets all allowed with board approval.

A gracious layout with lovely light and city views; competitively priced in one of midtown's best buildings. 870 United Nations Plaza rests at the convergence of Beekman Place, the United Nations garden and the East River. The sun-filled corner apartment offers a large foyer, a spacious and grand living/dining room with oversized windows, large renovated and windowed eat-in kitchen with granite counter tops, two en-suite bedrooms that flank either side of the living areas, a powder room, excellent closet space, washer/dryer hook-up, hardwood floors, marble baths, and custom crown moldings. Designed by Harrison & Abromovitz, this prestigious residence is located in a peaceful enclave with a private driveway, garage, library, conference room, health club and a roof terrace with commanding views. Maintenance includes electric, gas, air conditioning and window washing. Pets are allowed.

Charming and grand with sunny south views of the George Washington Bridge and the Hudson river, this one bedroom with den can easily be converted to two bedrooms if needed. The unit features a foyer, windowed eat-in kitchen, stylish renovated bathroom, oversized windows, pre-war architectural details and hardwood floors. Lafayette Plaza was built in 1917 on the banks of the Hudson and offers a stunning common garden perfect to just sit and relax after a long day along with a new laundry room, storage, and bike room. Just steps to the A train, M4 and M98 express buses, shopping, restaurants and Riverside Park. Pets are welcome, pied-a-terres are not. Priced to sell.

Stunning renovation and great value in one Park Avenue's top buildings. The gracious layout includes a semi-private landing, large foyer, spacious living room with a wood burning fireplace, formal dining room, huge eat-in kitchen, charming home office, two large en-suite bedrooms, three full baths, and a separate maids room on the ground floor. Sound system, deep customized closets, high ceilings, good light, pin-drop quiet and a washer/dryer to boot. 975 Park Avenue is a full service coop with a fitness center, bike, storage and laundry rooms. Pets are welcome.

Quintessential Noho! The elevator opens directly into your private, full-floor loft with walnut floors, oversized windows (with 4 exposures) and custom architectural details throughout. The central air conditioned 3-bedroom, 2.5-bath, home has a grand living/dining area, open gourmet kitchen (with walk-in pantry), dramatic art galley, and spa quality bathrooms. Built-ins, plenty of closet space and a washer/dryer, and a 200sf private storage room (ideal for a wine cellar or private gym) complete the list. All located in a well run building with an updated discreet lobby, common roof deck, low maintenance. Schedule a private showing today.

This charming 19 ft by 40 ft Bedford Stuyvesant brownstone sits on a 100 ft lot and has a deep, well-maintained backyard with a lovely tree and plants. The fireplaces, original window shutters, beautiful stained glass, original doors and other details remain. Some renovation is needed to restore the house to its true potential, but it has a brand new roof and the basement has a higher ceiling than many houses in the neighborhood. The garden level extension has a full sized washer and dryer. As is common for homes of this vintage, there is no C/O. 415 Quincy is set up as a two family home, but it has low low taxes ($995/year!) because it is being taxed as a single family home. There are two kitchens, two gas meters and one electrical meter. Beautiful brownstone block between Tompkins and Throop. This special home is priced to sell and the first showings are Sunday, April 15th. Floor plan to follow.

Great Value on the largest one bedroom in this Art-Deco pre war Coop, designed by well known architect Bien & Prince. This charming apartment features a separate dining area, foyer, a stainless steel kitchen with a granite breakfast bar and dishwasher, casement windows, high ceiling, oak floors and good closet space. Located just two blocks from Grand Central, the Coop has a furnished roof deck with amazing views of the Empire State Building and laundry facilities. Co-purchasers, guarantors and cats are permitted, Sorry no dogs.

After strong demand over the past two quarters, market wide transaction activity pulled back during Fourth Quarter 2011 to approximately 2,600 sales, the lowest level of activity since Second Quarter 2009. The number of quarterly sales was 12% lower than Fourth Quarter 2010 and 20% lower than Third Quarter 2011.

The condo and co-op market statistics were divergent this quarter, and fundamentals should be viewed separately. Condo inventory decreased 11% from a year ago due to limited new development openings but in contrast, co-op availability remained even.

Limited availability in the condo market has led to a surge in pricing. Condo median price and average price per square foot in Fourth Quarter 2011 were at their highest levels since the downturn. Co-op median price declined this quarter while average price per square foot held relatively firm from one year ago and declined only marginally from Third Quarter 2011. In the new development sector, supply cannot keep pace with demand and several markets are already under-supplied; when properties enter the market they are highly anticipated and get absorbed rapidly, usually with price increases.

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Marketwide Summary

There was a seasonal rise in market-wide inventory but a decline in sales this September. Listed market-wide inventory increased 10% from August. Despite the seasonal 70% increase in new listings from last month, market-wide inventory was still 7% lower than last September. Contract activity for both condos and co-ops decreased in September compared to last month and last year. Condo and co-op average discount from last ask to sale was smaller than last year at 5%. The average number of days on market was just over 6 months for both condos and co-ops.

To view the entire report please click this link.

The number of contracts signed increased compared to last August for both condominiums and co-ops. Whereas sales typically slow down in August, co-op sales increased from both last year and last month by 13% and 4%, respectively. Sales in larger condominiums increased this month leading to positive trends in condominium pricing from August 2010. Both market-wide listed inventory and the number of new listings coming to market declined from last month and last year. Click here for the full report.

The other day, walking through Grand Central, I bumped into a friend, here on vacation with his fiancee.

I got to thinking about why New York City attracts so many tourists, more than just about any city in the world. Not because of natural wonders or even outdoor sports activities. It might be because:

• It’s different here (as in not the same)
• You can find someone to have an argument with, about just about anything
• There are fringes--cultural, educational, architectural, societal
• More than 42 languages are spoken at the Queens public library
• You can get something that’s not the regular kind
• There are profit-seekers who will happily sell you something, anything
• There are many who do things for no profit at all and will eagerly entertain, entrance and change you for the better
• You will find a diversity of religious belief like no other
• It’s changing
• The food hasn't been entirely homogenized
• People are active
• A stranger will go out of his way for you, perhaps, and more often than you expect
• There is more information per minute, per meter and per interaction
• Neighborhoods are more important than homogeneity, and co-existing is most important

The thing is, here can be anywhere. There are New Yorks going on in towns large and small, in companies big and tiny and in families that support and respect at the same time they embrace and encourage difference.

I remember ten years ago like it was yesterday, looking out the window of my office and wondering if it (all of it) was over. I remember those that suffered and were lost, and those brave enough to risk everything. Not sure we'll ever forget, or if we should.

But now more than ever, I believe we have an obligation to stand up, stand out and to do work that matters. Wherever you are, there's an opportunity to be different, with respect.

Manhattan continued to enjoy significant sales activity in the Second Quarter of the year as market-wide sales increased 15% over the First Quarter.  Renewed levels of competition led prices higher as buyers took advantage of lower pricing in the resale market.  Manhattan’s median price in the Second Quarter reached $790,000, up 9%, and the average price per square foot was $1024, an increase of 4% from a year ago.

In many ways, the Second Quarter was the most relentlessly average period of sales activity in several years: it displayed typically active sales for the spring season, with prices driven modestly upward by competition, but without breaking any records. Click here to view the entire report.

New development condominium sales are up year-over-year in both Manhattan and Brooklyn for the second quarter of 2011, according to a second-quarter new development report released today by residential real estate firm MNS. 

In Manhattan, condo sales prices were up 18 percent on an average compared to the second quarter of 2010, according to the report. 

• #3 - 10014 The West Village
• #9 - 10065 East 60’s
• #16 - 10075 East 70’s
• #18 - 10013 TriBeCa
• #24 - 10012 SoHo

Patric Lilly Group's Featured Manhattan Property Listings can be found by clicking here.