[lbo-talk] cracks in the Manhattan r.e. market?

martin mschiller at pobox.com
Mon Sep 24 14:16:10 PDT 2007


Leaving those units at a little over two square feet ...

On Sep 24, 2007, at 12:41 PM, Doug Henwood wrote:


> The average sale price for Manhattan multifamily units - $390,317/sf
> - may be skewed by a handful of highly-priced small deals, such as 11
> East 17th St., an 11-unit property that Extell Development reportedly
> acquired earlier this month for $10.5 million, or $1.05 million/unit,
>



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