New York Can Be Yours

“For Billionaires Hunting Apartments, the Bargains are in Manhattan”

By New York Times | 4 Nov, 2013, 12.24PM IST
“Even as the prices of some of the city’s newest and hottest buildings like One57 stretch into the stratosphere, luxury apartments in Manhattan remain relatively cheap compared to other cosmopolitan cities around the world. That fact is attracting more global buyers to New York.Last year, an apartment in Monaco’s curvaceous Tour Odeon sold for $8,850 a square foot. A well-off buyer paid slightly less, $8,779 a square foot, for an apartment in the sleek Frank Gehry-designed Opus Hong Kong.And in West London, the average price for the 86 apartments in One Hyde Park has been more than $9,500 a square foot.”

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