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Manhattan versus Westchester -Where to purchase?
       I  find myself once again referencing  the hit Bravo TV series “Million Dollar Listing New York” . I am always amazed at the prices of the properties shown , and I found myself  looking to some of  the Manhattan companies and their quarterly reports. In addition to our Tri-State Alliance,   Houlihan Lawrence has affiliations with great companies such as Corcoran, Halstead Properties  and of course Christies Great Estates which is great for referrals, etc.
Brown Harris Stevens showed a record first quarter 2014.  While we are discussing the median sale prices being $935,000  ( up over 7% from the previous year’s first quarter), and while the sales increase could be in part with 2012 tax law changes, sales were nevertheless up some 25% in comparison to the first quarter 2013. Coop prices averaged over $1.2 Million in the first quarter, and up some 23% from the first quarter 2013 (courtesy of Brown Harris Stevens).
Prices per square foot ranged from $1507 a square foot in some new developments to $3000 to a new development at other new developments. When I see that  3 bedroom+ apartments sold for an average of $3.250 Million  in the first quarter of 2013 compared to an ... more

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