While office condominiums have existed in New York for over 40 years, the market has experienced growth and more widespread demand over the past decade.

The average price per square foot has increased by 42% over the past 10 years, when comparing the average of the first half of the decade to the second half.

From the first half of 2009 to the second half of 2014 the average price per square foot was $604. From the first half of 2015 to the second half of 2019 the average price per square foot was $858.

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