Luxury Manhattan Real Estate Could Fall Another 50% - Barron's [View article]
When I went to grad school in NYC in the early 1990s, one of my friends bought a 2-bedroom apartment inclusive private use of the garden on 77th street, just off Columbus, for 120k. It wasn't a dump at all, it was one of the nicer 2-bedrooms that i've seen in NYC, very quiet also as all rooms were facing the garden. Another friend lived in a large (I estimate 800sqf) studio apartment on Prince Street that her parents had bought for her for 60k. I don't expect you to believe me -- I almost have trouble believing it myself today!
Luxury Manhattan Real Estate Could Fall Another 50% - Barron's [View article]