According to New York City records, the median price for an apartment in Manhattan in the month of July was $1,195,000. This price represents a 12.1% increase from last year’s median price of $1,050,000. Not surprisingly, the number of sales increased 107.3%, climbing from 655 to 1,358.  What exactly does $1.195 million get you in Manhattan? Let’s take a look.  Apartment 21-E at Gramercy Park Towers at 205 Third Avenue is a ...

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