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Where Prices Are High and Air Is Thin.

Authors :
BROWN, ELIOT
BARBANEL, JOSH
Source :
Wall Street Journal - Eastern Edition. 5/13/2015, Vol. 265 Issue 111, pC1-C7. 2p. 1 Color Photograph, 1 Graph.
Publication Year :
2015

Abstract

The article discusses the condominium and apartment market in Manhattan, New York, and states that builders were constructing several high-priced condominiums in towers across the city. According to the article, the average price of newly developed condominiums was expected to be over $7.2 million in 2017. The article also discusses the increased price of land in Manhattan and states that the southern tip of Central Park contained a concentration of new developments. The article presents comments from appraisal firm Miller Samuel president Jonathan Miller.

Details

Language :
English
ISSN :
00999660
Volume :
265
Issue :
111
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
102609515