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These Co-ops Saw a 50 Percent Spike in Market Value

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Some good news for the market and not-so-good news for owners struggling with taxes: the huge number of co-ops seeing increases of more than 50 percent in their market appraisals. The folks at PropertyShark assembled an interactive map of 831 properties across the boroughs that saw an increase in market value of more than 50 percent. Of course Manhattan had the most with 388, but Queens wasn't far behind with 282, followed by Brooklyn's 115. Some owners might just want to consider selling now?and avoiding any neighbors who might be angry about having their taxes raised by as much as 40 percent. When it comes to increased value, owners at 49 East 1st Street come out on top with an increase of a whopping 301 percent. Check out the rest of the list here.
· NYC Real Estate Map [PropertyShark]
· Map coverage [Curbed]