Manhattan housing prices at record high

That's the higher end of the market when it comes to studios. Just don't want people to think 3250 is the average price on studio rentals.

 

A 300 Sq Ft closet in a walk up with new floors is still gonna cost you 1250 below 96th street!

 

Urbandigs.com, great NYC r.e. blog.

 

If the coming recession hits Wall Street jobs, then subsequent layoffs and bear market could eventually soften the housing market a little bit.