New York Real Estate Prices at New Heights

from National Public Radio

A small office building in midtown Manhattan sold for $510 million. At $1,600 a square foot, brokers say that's the highest price ever paid for office space in the United States. The latest reports from big real estate brokers show that the average Manhattan condo sold for around $1.3 million in the past three months.

Broadcast Dates

• Morning Edition, July 3, 2007