Tuesday, November 29, 2005

$430 a Square Foot, for Air? Only in New York Real Estate

The New York Times
The price of air has gone up in Manhattan.

It's now $430 a square foot.

Two New York City developers have agreed to pay a record-setting amount for "air rights" so they can build a 35-story apartment tower with views of Central Park from the high floors.
Do you think that will help the reserve army of single women find a husband in New York city?