Report: New development drags down prices in a 'polarized' Manhattan real estate market

… price of Manhattan coops and condos in the first quarter of 2019 by 58 percent That eyepopping sale is of course an … quarter of 2018 The median sales price slipped slightly by 02 percent to $1075000 However if you break out resales you … a surge in luxury new development pushed the average price 25 percent higher Thanks to sales at 520 Park Avenue and 220 …

By Jennifer White Karp |April 2, 2019 - 9:00AM