Posted by Jonathan J. Miller -Wednesday, March 7, 2012, 2:09 PM
It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
With so much discussion about the upper end of the market, I decided to look at the top 1 percent of Manhattan co-op, condo and townhouse closings as a scattergraph since the dawn of time (i.e. 2003, when the boom started to gather steam, nearly a decade ago). Each dot represents a closed sale at or above $10M…
some added fun – same chart below but without the $88M 2012 sale for an easier to read graph