2000 Census put the median home price at $1 million
Way low...I think. I'm working on an 1800sf pre war apartment on 63rd between Park & lexington which was just purchased at a steal for 1.7 million.
Burtha's place was a 3-4 story building.
According to papers filed in relation to the divorce, the building, purchased in 1980 for a little over $390,000, was worth $5 million in 2002. As 2002 was a bad year for real estate in NYC (after the September 11th attacks), I'm sure this number has migrated upward since then.