STAT OF THE DAY: $1.37 Is The New $1

Doorman co-ops in Manhattan now average $1.37 a square foot in maintenance fees and non-doorman ones $1.22 a foot, according to analysis by appraisal firm Miller Samuel and reporting by The New York Times. The shorthand for co-op maintenance fees used to be $1 a square foot.

http://www.observer.com/2008/i-stat-day-i-1-37-new-1

Copyright © 2008 The New York Observer. All rights reserved.

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