Posted on 04/02/2014 9:43:35 AM PDT by SeekAndFind
RE: High Crime
High Taxes
High Rent
High Traffic
Nanny City
Run by a Moron Mayor
_______________________
All the above is true except for the High Crime part.
I stand corrected.
Have a great day
“The average sales price for apartments in New York City jumped 15 percent in the first quarter to $1,773,523, according to a report from Douglas Elliman Real Estate and Miller Samuel. The average price per square foot jumped 16 percent to $1,363.”
something is wrong with the data, as
those figures would mean the “average” apartment in NYC was 1301 sq ft ($1,773,523 / $1,363). I think that is way more than the actual average size of a NYC apartment.
I guess that NOT all NYC apartments are included in those figures, but only those covered by recent condo/coop sales, which is nowhere near all apartments,nor even the whole market for apartments in NYC.
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