April 29, 2015
New Condo Prices Expected to Hit Record $5.9M Average in 2015, Report Says

DNAinfo

The average price of units in these new buildings is expected to reach a record $5.9 million this year, according to a report released Tuesday from CityRealty.

“It’s not just going to break all records in terms of price, it’s going to be the first to hit those records within the shortest period of time,” said international real estate attorney Edward Mermelstein, who completed the most deals at 15 Central Park West.

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