A new report reveals that Manhattanites pay on average $1 million for a two-bedroom apartment.
In suburban Montclair, New Jersey, one million dollars could get you "an 11-room Colonial with cathedral ceilings, a master bedroom suite, a big backyard and still leave you with enough money to buy groceries every week for 25 years." But in Manhattan, you're looking at "two small bedrooms, a small living room, a bathroom so small that the sink, shower stall and toilet are practically the same devices, and a kitchen barely big enough to allow you to prepare dinner to eat on a coffee table in that small living room." What gives? According to real estate professionals, "youre not just buying an apartment. Youre buying the city."
Thanks to David Gest
Read the full story: Want to Live in NYC? It’ll Cost You
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