Industry News

Manhattan real estate prices skyrocket

Condominiums cost $872,160 on average last year
Published on Mar 30, 2004

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by CareyBot

A shrinking inventory of apartments for sale has sent prices through the roof in Manhattan, with the average sales price of condos and co-ops nearly doubling in a decade, from $450,048 in 1994 to $872,160 in 2003. The 10-year Manhattan ...