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Condo Prices: West Up, East Down

Condo prices in NYC continue to skyrocket, with sales in the second quarter hitting a record $1.026 million per condo, according to the Real Estate Board of New York. Sales appear particularly hot on the Upper West Side, where median sale prices jumped 48% from last year to $1.29 million, but brokers say it's just that crazy Time Warner Center throwing things out of whack. Meantime, East Side condo prices actually dropped in the last 12 months, from $952,000 in 2003 to $903,000. Quick, someone build a towering monolith to corporate glory on Fifth Ave! Er, another one!
· Mondo Condos [NYPost]