Originally Posted by ULVideo

There's a Coop Apartment building on 7th Avenue and 20th Street (here in NYC) which is almost all studio (14 out of 14 per floor). It started selling in 1988, with units going from $90K to $120K. In the first half of 1992, I sold 6 units there ranging from $27K to $41K. The units are currently going from $375K to $425K. That's the raw data, you analyze it.

PS In the past few weeks in NYC we're seeing something we last saw in 1990-1993 ... a bunch of listings are comming out with higher than normal commissions to induce brokers to sell them. Could it be a sign the market is cooling off?