A few years ago Bloomberg created indices for the Manhattan Luxury Housing market based on our data to be seen by their terminal subscribers. Cool to have an index based on our research (and a project triggered by our report efforts).
The top 10% of the market (Luxury) is hovering at just over $2,000 per square foot for the past year [top chart]. Median sales price has remained just above $4M for the past 3 years [bottom chart].
Tags: Bloomberg News, Miller Cicero