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New York

Is NYC’s townhouse market undervalued?

Gap between single-family homes, new construction widens

From left: Cortney and Robert Novogratz, and their 400 West Street townhouse
From left: Cortney and Robert Novogratz, and their 400 West Street townhouse

From the September issue: Realty television interior design duo Cortney and Robert Novogratz paid $4.3 million for their nearly 7,200-square-foot townhouse in the West Village in 2007. They recently listed the home for $21.5 million, or just under $3,000 per square foot. [more]

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