The Real Deal New York

Not-for-sale by owner

In a market with scarce inventory, buyers’ brokers convince homeowners to sell

February 14, 2013 10:30AM
By Leigh Kamping-Carder

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Bond New York’s Margaret Garvey at the Plymouth House at 235 East 87th Street

From the February issue: The couple’s budget was reasonable: a one-bedroom apartment in a doorman building on the Upper East Side for about $650,000. But they didn’t want to face a brick wall, take on major renovations or pay more than $2,000 a month in maintenance costs. And after several months of hunting, they had come up empty-handed. “We were stuck — there wasn’t anything there,” their broker, Bond New York’s Margaret Garvey, told The Real Deal. [more]