POLL: Is Penthouse Living Worth a 75% Price Increase?

Posted On Wed, April 15, 2015 By

Posted On Wed, April 15, 2015 By In infographic, Polls, real estate trends

On Monday we took a look at an infographic from CityRealty that shows how much more penthouse buyers pay compared to their neighbors directly below. Analyzing the top penthouse sales recorded in 2014, they found that “high-rise top floor buyers on average shell out 11 percent more per square foot for their pads than their counterparts just below. Looking at the average selling price, this rings in at a whopping 75 percent more.” Tell us your thoughts on the findings.

Images: 30 Park Place (L); One57 (R)

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