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NYT Infographic: Manhattan Real Estate Shift To High End, Illustrated

There is a cool graphic from the New York Times Calculator column by Michael Kolomatsky [1] in this Sunday’s print edition of the Real Estate section that illustrates Manhattan’s dependence on high-end real estate. Using the data from a chart I began right after 9/11 [2] and we continue to update, he illustrates this point:

Almost half the money spent by New York City home buyers in the first quarter of 2019 went toward the most expensive properties. That wasn’t always the case.

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