Homes in the UES Are Worth More Than All of The Bronx

Upper East Side

July 6, 2015 — You already know co-op and condo prices hit record highs in the second quarter, but if you're wondering which is Manhattan's priciest borough, then wonder no longer. It's the Upper East Side. Okay, so that's no real surprise. When hasn't it been an expensive area? But DNAinfo reports that it's worth more than all of The Bronx. All of it. The whole thing. It's worth more than all of Staten Island, too. According to the article, "the neighborhood's residential property values — totaling about $96 billion — not only beat every other neighborhood in the city and the two outer boroughs in home prices, it's worth more than North and South Dakota, New Hampshire, Vermont, Wyoming and Alaska, according to real estate data enthusiast and entrepreneur Max Galka, who runs a real estate data business called Revaluate." Well, way to go luxury high-rises. Galka based his calculations on sale prices from 2014, property value estimates from the Lincoln Institute and information from the latest U.S. census, according to DNAinfo. 

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