POLL: Is Buying a Private Island a Better Investment Than a NYC Condo?

Posted On Wed, May 27, 2015 By

Posted On Wed, May 27, 2015 By In Polls, real estate trends

Yesterday we learned that you can buy an entire island for $11 million, far less than the hundred-million-dollar condos popping up in Manhattan. So, you can spend one-tenth the price of the One57 penthouse, and instead of 10,923 square feet of glass-enclosed space, you’ll get 3.5 acres of land, a private beach, huge swimming pool, a 6,100-square-foot main house, and several other properties on the complex. Now that we’ve given you a little perspective, tell us what you think about this comparison.

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