[Three Cents Worth NY #229] $3,000 is the new $1,500 in Manhattan

Posted by Jonathan Miller - Tuesday, April 23, 2013, 11:45 AM

It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.

Check out today’s 3CW column on @CurbedNY:

Given all the hype about new development product entering the listing-starved Manhattan market over the next couple of years, I thought I’d take a look at the market share of co-ops and condos over the last decade (the boom and bust era), but in a different way. For the uninitiated, Manhattan co-op housing units outnumber condo units 3:1 (i.e. 75 percent v. 25 percent market share)…

[click to expand chart]

Today’s Post: Three Cents Worth: $3,000 is the new $1,500 in Manhattan [Curbed]
Three Cents Worth Archive Curbed NY
Three Cents Worth Archive Curbed DC
Three Cents Worth Archive Curbed Miami

View the original article here