Thoughts on Manhattan property, one of the world's best investments.
Tuesday, April 24, 2012
3 Things To Know About The Manhattan Residential Market
1. Average rent at $3,418 is a new record and has exceeded the pre-recession peak. 2. Q1 2012 condo price per square foot was $1,317, up 8.3% compared to prior year. 3. Spike in buyer demand in March and April, as if all buyers, local and foreign, have decided now is the time to get off the fence.