Buy

Longing for a doorman? Cherchez le condo

Share this Article

2020
BRICK UNDERGROUND’S
Holiday Tipping Poll
Holiday Tipping Poll
How much do you plan to tip the building staff this year?

If you're looking to buy place in a doorman building right now, you may want to think condo, suggests broker-blogger Malcolm Carter after performing some number-crunching gymnastics. Examining active listings in neighborhoods that represent the "core" of Manhattan (Upper East Side, Upper West Side, Midtown East and Midtown West), he finds that fully 86% of buildings with apartments for sale have doormen and/or concierges. Fifty-eight percent of those doorman buildings are condos,  36%  are co-op and 6% are condop.   Why the skew? Carter theorizes that developers are more prone to piling on the white glove touches in order to stay competitive.