New York Post
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This is the most expensive neighborhood in NYC
Posted
August 11, 2024
Views
2,575
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August 11, 2024
2,575
59
15
2.87%
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0:43Now PlayingNew York City’s most expensive neighborhood just got even pricier.
That’s according to a new study from real-estate data portal PropertyShark, which has crowned Hudson Yards on Manhattan’s far west side for the top spot with a median home sale price of $7.5 million. For nearly five years, this district — known for its shops, towering buildings and Vessel sculpture — has kept this privileged position in PropertyShark’s ranking.
What’s more, the current median of $7.5 million marks quite a rise from the $5.75 million median home sale price tallied in Hudson Yards last year. Still, PropertyShark adds, the number of deals for homes in the area fell year-over-year by 62%, marking one of the most significant annual sales drops among the city’s most expensive areas.
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