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New York

2014’s residential records — so far

A round up of NYC’s new benchmarks to beat before the calendar hits 2015

From left: the $118.5M penthouse listing at the Ritz Carlton, Israel Englander and his co-op at 740 Park Avenue
From left: the $118.5M penthouse listing at the Ritz Carlton, Israel Englander and his co-op at 740 Park Avenue

From the September issue: This year may not be over yet, but the real estate records are already piling up. The year kicked off with city office asking rents hitting their highest point since 2008 — $61.75 per square foot on average. And by April, Manhattan residential rents reached a median price of $3,247 per month, their highest since 2009, according to a Douglas Elliman report. [more]

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