Tallest Chart in the History of Manhattan Real Estate

From Miller Samuel:

With the closing and recording of the record $100.47 million penthouse sale at One57, I thought it was time to dust-off the tall chart I created in 2012 when the prior record price of $88M at 15 Central Park West was set.

This week I ended up writing a piece about tall towers in my Bloomberg View column called Living the High Life, another one on Curbed NY for my Three Cents Worth called Proving New York’s Blockbuster $100M Sale Is An Outlier which provided some needed context for the new record sale in the following scattergraph. Note the $100.47M record sale in the upper right hand corner and then scroll down…a lot.

Source: Miller Samuel

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Discussions found on the web:
  1. arthurcutten commented on Jan 29

    Its called a logarithmic scale.

    • USSofA commented on Jan 29

      Log scales are great for communicating information efficiently but they lose the true flavor of an outlier.

    • rd commented on Jan 29

      I think he is making a point.

  2. davebarnes commented on Jan 29

    It would be more interesting to look at the individual properties that have sold for zero$.

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