Last week the New York Times ran a lengthy Q&A with Elizabeth F. Stribling, founder of the eponymous real estate firm, in which she discusses, among other things, hot neighborhoods (West Side, Downtown, Brooklyn) and not-so-hot (Upper East Side).
Here’s a snippet:
Q. What do buyers want?
A. They’re looking for simplicity of life, and what that means is not all the bells and whistles of amenities but simply apartments that have a good layout and good clean lines. People want simple or elegant.
Q. Where are the strongest markets in New York?
A. We saw a lot of action on the West Side and downtown, and the demand for Brooklyn continues. Probably the neighborhood that is the least in favor right now is the Upper East Side, especially the far east 80s and 90s.