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Wednesday, May 27, 2015

New York Real Estate: New Home Prices Soar

The price per square foot of newly-constructed condos in New York jumped 32% between 2013 and 2014 . The wealthy wanting to buy today in New York can find much better value for money in the secondary markets, particularly in Manhattan neighborhoods like Gramercy Park Some background: Last year, the number and dollar value of newly-developed condos that closed above $10 million more than doubled.
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