— Condos
The following is a breakdown of the average condo price in New York City as a whole compared to the Visionaire. The compairson is done according to price per square foot and is based of Q2 2012 market report for Manhattan figures.
Average Price of NYC condo per square foot: $1,201
Average Price of Luxury condo per square foot: $2,133
Average Price of condo in the Visionaire per square foot: $1,745
Price Range of condos in the Visionaire per square foot: $1,217 – $2,865
As you can see, the Visionaire has a large range of prices for their condos. The lowest of which is competitive with the average price of a New York City condo. The average price is lower than that of a luxury condo in New York City. This shows that even though the Visionaire touts itself as a luxury, green condominium, its green status has not inflated its prices. Though it is not the bargain offered by the Forest House Apartments, for those a little more well off, the Visionaire does offer somewhat reasonably priced living in a prime location.
Reference:
http://www.cityrealty.com/nyc/battery-park-city/the-visionaire-70-little-west-street/37241
http://manhattanmiami.com/resources/manhattan-market-report/
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