MARGARET H. BAY

445 Park Avenue New York, NY 10022 Tel: (212) 906-9308 Fax: (212) 319-2298 mbay@bhsusa.com download contact info view current listings view sold listings		SEE ALL NEW YORK CITY LISTINGS FEATURED PROPERTY - MIDTOWN EAST EAST 50TH STREET RENTAL Price: $24,000 Bedrooms: 2 Baths: 2.0 Listing ID: 932165

When Margaret Bay talks about New York City, her eyes light up. A New Yorker born and bred, for the last twenty-five years her career has totally revolved around the city she loves. And it's no wonder that her chosen profession — real estate — mandates a thorough and detailed knowledge of this most intricate and fascinating metropolis. Margaret has represented clients in every part of Manhattan — she knows the blocks, she knows the buildings, she knows the builders.

Margaret's real estate career has been at times pre-planned, at others serendipitous. Her first real estate endeavor was with a small firm where the partners all came from different fields, and everyone had to learn the business from the ground up. This was followed by a three-year stint at Halstead after which she was recruited by Sothebys, where she remained for fifteen years. With all that experience and expertise under her belt, she was by then sufficiently savvy about all the industry players to realize that Christie's most clearly represented her own professional point of view, and in 2005 she joined Brown Harris Stevens where she is a vice president.

In this most competitive of real estate arenas, success demands much more than an intimate and indepth knowledge of the city. This is where it becomes difficult to decide which of Margaret's qualities account for her professional success. First of all, the initial impression is that here is a genuinely nice person — without guile or affectation. She also has that rare gift — the gift of listening. For when people are making some of the most important financial and personal decisions of their lives, Margaret has an innate ability to listen intently to her clients' own needs and desires without ever imposing her own will. This does not mean she does not give her advice freely nor state her opinion openly; her honesty and integrity are qualities that all her clients appreciate.

In the real estate industry, discretion is crucial when you are dealing with clients. Margaret has worked with chairmen of many corporations providing them with short and long-term residences; she is as comfortable with royalty and celebrities as she is with diplomatic delegations; and her broad travel experience creates a great comfort level for her international clientele. Her respect for their privacy and her consummate professionalism have helped her establish and build long-standing relationships with some of the most sophisticated and demanding clients in the world including captains of industry.

It is impossible to talk of Margaret Bay without mentioning one of her most important clients, The Waldorf Towers. A fortuitous phone call combined with her entrepreneurial spirit — nobody had ever taken on a hotel to market long-term leases before — propelled her into becoming the exclusive broker of the Waldorf Towers, the private residences of the Waldorf Astoria.

Margaret's experience prior to her real estate career helped her realize the importance of effectively marketing the properties she sells. She worked in the marketing department of Proctor and Gamble's medical products division. She was also a guest lecturer at Cornell University's School of Hotel Management, specializing in residential leasing of hotel apartments and co-branding. And, as a registered nurse conducting research into pain management at Memorial Sloan Kettering in New York City, this is where she honed her finely tuned listening skills. With a pulse that beats to the rhythm of the city, a knowledge of real estate that's hard to beat, a strong code of ethics and a most winning personality, Margaret Bay is the consummate New York City real estate broker.