Average Manhattan Apartment Now Costs Over $1 Million

New York Real EstateThe price of an average Manhattan apartment has passed the $1.9million mark after surging 60 per cent in the past 10 years.

Remarkably, total real estate sales this year alone are expected to reach $24billion, and 190 apartments have sold for more than $10million each.

The Manhattan market is traditionally composed of co-ops, in which apartment owners become shareholders with a voice in the corporation that owns their building.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Corey Charlton
See the Full Story at The Daily Mail

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