In April, 28 apartments in New York sold for more than $3 million, according to real estate appraiser Mitchell Maxwell & Jackson. "This is the fastest-paced market I've ever seen," Stribling chief Elizabeth Stribling tells the Post. Overall, luxury apartment prices rose 35% in the first quarter alone. At that rate, this small shoebox we hold in our hand should be worth a few million by this summer. God bless this city.
· High Rise Prices [NYPost]
· Latest Trends in Luxury Real Estate [Stribling]
· Mitchell, Maxwell & Jackson [mmjappraisals.com]