5 ms·

What about $/sqft? Or $/acre of actual land?

• dylan604 1y ago
  How does $/acre apply to NYC?
  • nine_k 1y ago
    Could apply to some areas of Brooklyn and Queens.
    • dylan604 1y ago
      Acreage in NYC isn't free, but in multistory condos where everyone is using the same acreage seems like that's not a fee that should even move the needle in prices. It's not like there's any acreage available for sale to even get a comp, so does $/acre even get discussed in NYC real estate?
      • nine_k 1y ago
        In this regard, acre/$ only makes sense in countryside and suburbia, or maybe in suburbia that pretends to be a city, like much of Houston. It should not apply to cities with their apartment buildings.
  • acchow 1y ago
    Each unit effectively owns a percentage of the overall land under the building
• deleted 1y ago
  [deleted]