20+ Reasons Not to Buy a $91M Sky-High Manhattan Condo

2/22/18

The “14th Annual Curbed Awards” kicked off this year with a list of the most expensive homes sold in New York in 2017. Manhattan’s new slender skyline icon, 432 Park Ave, took up seven spots on the list, including the entire top three. The most expensive New York home of the year was a package-deal of three half-floor units that sold for $91 million. Sure, the views may be spectacular, but if you have such a budget to spare for real estate, why not shop around?

This big, beautiful country is brimming with opportunity—surely there are ripe investment assets that you could snag for the same price! So, we dug through the Yardi Matrix database and looked at sales of U.S. commercial properties that closed during the past two years at $91 million or less, and handpicked a few that caught our eye. Read on to see our selection of other properties in which you could invest instead of a Manhattan condo.

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