THE CORCORAN GROUP   |   MANHATTAN   |   OCTOBER 2016 THE MATAYS MINUTE Sherry A Matays Lic. as Sherry A. Matays Licensed Associate Real Estate Broker (212) 875-2831 (direct) sam@corcoran.com Bio & Listings A Few of Our Exclusive Listings 2628 Broadway, 31A Perched on the 31st floor, this mint-condition full-floor 4-bedroom 3.5-bath Upper West Side condo with 4 extraordinary corner rooms offers unobstructed 360-degree views, abundant natural light in every room, and unparalleled amenities. View Listing 188 E. 76th St., 7D This light and airy 2-bedroom 2-bath condo offers open views, exceptional light, and white-glove service in a well-located, intimate boutique-style building with excellent amenities. With its clean lines, 9' ceilings, and immaculate condition, it represents one of Manhattan's best Upper East Side properties. View Listing 15 W. 72nd St., 19AV Rarely available in Mayfair Towers, this well-combined unit offers generous space, open views both north and west and a sumptuous master bedroom with room enough to offer a genuine sanctuary from the hectic pace of Manhattan living. Known for its outstanding service and ideal location, the building is also amenity-rich -- with a magnificent landscaped roof deck, well-equipped gym, outdoor playground and garage.  View Listing Market News Latest Corcoran Report – Q3 2016 We are pleased to include a link to Corcoran’s Third Quarter Report, an in-depth look at Manhattan’s residential sales trends for Q3 2016.  This report includes data on sales that closed in the third quarter and therefore is not necessarily reflective of the most current sale prices.  A few points to consider: Prices are high, but past the peak. Prices were up versus last year, and still occupy near-record levels. But it now appears that First Quarter 2016 will be the peak moment of the post-2009 growth period, as the Third Quarter marked the second straight quarter of stagnant or lower prices in most categories. The pace of sales continues to slow. For a third straight quarter, the number of sales was off from 2015. 17% fewer sales closed and 18% fewer contracts were signed in the Third Quarter of 2016 than one year prior. More inventory on the way. For a fourth consecutive quarter, the number of properties available for sale was up. Though only at 5,860 units – which is to say about five months’ supply – this is still 21% above the prior year. Tight inventory is enabling sellers to stay aggressive in their valuations, but, the more choices buyers start to have, the more downward pressure will grow around asking prices. We are always happy to discuss any of this information in more detail as it relates to your own scenario. Read More Curbed New York Pocket Guide: Fall 2016 New York City has been called many things -- the city that never sleeps, the capital of the world -- but it could also be called "The City With Too Many Places to See." Between NYC's many iconic landmarks and the new classics that regularly pop up, it can be overwhelming to decide which museum to visit, or what neighborhood is worth exploring, on any given day. Curbed's editors have chose 26 sites -- cultural institutions, parks, neighborhoods, even houses -- that you must see right now.  Read This Article 10 Must-Follow Instagram Accounts for NYC History Lovers Watch NYC transform before your very eyes. If you are a NYC history buff, or enjoy witnessing the ever-evolving landscape of this fantastic city, look no further than these 10 Instagram accounts that were compiled by Curbed for your viewing pleasure. You will find photographs that come straight from the archives at the New York Historical Society, vintage subway maps and tidbits of historical facts sprinkled throughout. If you crave more, #TBT with photos from popular landmarks circa the early 1900s and sketches found in the New York Public Library. While you’re at it, be sure and follow @themataysgroup to keep up-to-date with what’s hot on the market and what’s happening in the city. #livewhoyouare Read This Article Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. The Corcoran Group is a licensed real estate broker located at 660 Madison Avenue, New York, NY 10065 . All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. This is not intended to solicit property already listed. Equal Housing Opportunity. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. ©2016 The Corcoran Group. All Rights Reserved.