According to Q4 data from Miller Samuel shown below, median Manhattan apartment prices fell 10% year over year in the fourth quarter, but those for three- and four-bedroom units dropped a shocking 42% and 38% respectively. Yet prices rose ~4% for larger units against Q3.
Great time to blow the bonus on a giant Manhattan apartment?
Three bedroom units in particular seems like a cozy steal at $2.35 million. Assuming you have a job, and it’s paying you a giant bonus.
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See Also:
- Man Tries To Crowd-Surf Length Of Manhattan
- Manhattan Inventory Problem Continues To Improve
- With Cheap Rents And Vacancies, Manhattan Is About To Be Overrun With 7-Elevens