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[Three Cents Worth #270 NY] What Is the Value of a Central Park View?

It’s time to share my Three Cents Worth (3CW) on Curbed NY [1], at the intersection of neighborhood and real estate in the capital of the world [2]…and I’m here to take measurements.

Check out my 3CW column [3] on @CurbedNY:

While there is an obsession with views in the Manhattan market and it is one of the drivers of the tall tower phenomenon, there are a bunch of moving parts associated with it. We looked at the last two years of closed sales (to get enough data) on the four borders of Central Park, comparing the average price per square foot of co-op and condo apartments with direct views of the park—including both those above and below the treeline—and those with city views…

cpwviews
[click to expand chart]


My latest Three Cents Worth column on Curbed: What Is the Value of a Central Park View? [Curbed [3]]

Three Cents Worth Archive Curbed NY [4]
Three Cents Worth Archive Curbed DC [5]
Three Cents Worth Archive Curbed Miami [6]
Three Cents Worth Archive Curbed Hamptons [7]