September 2019 - Page 2 of 2 - Rava Realty

Manhattan Luxury Market Update: May 2019

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One Hundred-Twenty one contracts were signed at $4 million and above, 33 more than the last month, a solid performance in the Manhattan luxury real estate market despite the general market trend, growing compared to four weeks ago.

Total Monthly Asking Price Sales Volume goes to $1,097,762,000 bringing the Average Sales Price to $9,072,413 gaining ...

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NYC’s hottest real estate opportunity? Currently a jail directly across from Central Park!

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Spectacular views that only crime could pay for. For 43 years, inmates inside the caged rooftop recreation yard of Harlem’s Lincoln Correctional Facility could stretch their legs while luxuriating in the unobstructed sights of Central Park and the city’s sprawling skyline to the south. Now the facility is poised to close — and the jailhouse is suddenly Manhattan’s hottest piece of high-priced real estate.

The W. 110th St. (aka: Central Park North) property, opened as a prison in 1976, will be ...

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