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New York

Scorecard: New development condo sale prices hit 13-month high

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From the May issue: Condo resales in Manhattan did not make an impressive showing in March, an analysis by TRD found. The median for closed sales stood at $1.4 million, down from $1.62 million in February.

In Brooklyn and Queens, the median was also down, to $828,750 from $875,000 the month prior.


But for new development, prices in Manhattan hit their highest level in the last 13 months, reaching $3.3 million.


In Brooklyn and Queens, the median was just over $901,000.

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