[Three Cents Worth NY #221] Throwing Harpoons at Trophy Sales

Posted by Jonathan Miller - Tuesday, January 29, 2013, 1:55 PM

It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.

Read this week’s 3CW column on @CurbedNY:

So it’s Whale Week on Curbed and I had to get a whaling reference into the post title. After a month at sea—sorry, another bad reference—it’s good to be back on Curbed. Consistent with this week’s theme, I took a look at the number of sales at the top 1 percent of Manhattan’s apartment market. The top 1 percent begins at about the $10M threshold (blue). And I threw in the $30M+ (pink) subset for good measure. I am only presenting closed transactions, so sales like the $90M+ contract at One57 aren’t included…

[click to expand chart]

Today’s Post: Throwing Harpoons at Trophy Sales [Curbed]
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