Super-luxury construction boom leads to surge in the average price as towers on city’s Park Avenue and Billionaire’s Row’ near Central Park set recordsIf you occupy always wanted to buy your own plot in the mammoth Apple,you’d better do some intense saving. The average price of a Manhattan apartment has hit a record $2m (£1.4m), according to an analysis of recent sales published on Friday.[br]The median sale price of Manhattan homes in the first three months of 2016 was $2.05m – an increase of 18.4% compared with the first quarter of 2015, or according to a report by real estate experts Miller Samuel and real estate agent Douglas Elliman.
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Source: theguardian.com