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

[Jordan Hayes]

>> The average sale price for Manhattan multifamily
>> units - $390,317/sf - may be skewed ...

... by a lot!

I wonder what they really meant.  Last I checked, Manhattan real estate 
was going for about $1k/sf (for reference, the 'good' parts of Berkeley 
are around $600/sf).

/jordan