Saturday, December 14, 2013

News flash: There are a few new condos out there that are not super-expensive.

Not long ago, while wringing my hands, I posted my thoughts on the stratospheric prices of new or relatively new Manhattan real estate (A real estate question: What can you buy for $12,745?).

Today the Times published an article that says there are new and shiny condos out there for a trifling $1,470 per square foot (Luxury Apartments For A Little Less). 

The article says that of the 230 new development condo units that are now on the market and that are priced below $2,000 per foot, 149 are in the Financial District. 

But if you don't want to live in FiDi (come on, it's nice down there!), you can choose from a grand total of 81 in the rest of Manhattan.  

Any questions?  Call me at 917-991-9549, or e-mail

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