IconoclasT wrote:
] Not that I would *EVER* want to live there but WTF?!?!
]
] I want to ride to the ridge
] Where the west commences
] And gaze at the moon
] Till I lose my senses
] And I can't look at hovels
] And I can't stand fences
] Don't fence me in...
]
] NEW YORK (CNN/Money) - The average price of a Manhattan
] apartment has topped $1 million for the first time, according
] to a new survey. The average sale price for a Manhattan
] apartment rose to $1.05 million in the second quarter, up 4.9
] percent from the first quarter and a whopping 20.9 percent
] from $866,970 a year earlier, according to New York-based real
] estate brokerage Douglas Elliman and appraisal firm Miller
] Samuel.
]
] The median price, or mid-point of prices paid, rose 7.8
] percent from the previous quarter to a record $674,000,
] indicating strong demand at the higher end of the market, the
] real estate firms said in their report.
WOW!!! :(

RE: Average Manhattan apartment above $1M for first time.