So just WHO do YOU work for? Jealous? You seem to be on the plus side 
of a "deal" yourself!

--- In AsburyPark@yahoogroups.com, "bluebishop82" <[EMAIL PROTECTED]> 
wrote:
>
> Below is the CNN version, Dan included.
> 
> Hey Dan:  How does this work in big time journalism - Did CNN do 
> their own story and call you too, or are they just grabbing the 
work 
> the NY Times did?  Are they owned by the same company maybe?
> 
> 
> 
> 
> 
> Price of air hits record in New York
> Real estate developers agree to pay $430 a square foot for 'air 
> rights,' twice the going rate.
> November 30, 2005: 12:45 PM EST 
>  
> 
> NEW YORK (CNNMoney.com) - Two New York City developers have agreed 
> to pay a record price for "air rights" to build an apartment 
> building with views of Central Park, according to a report 
> Wednesday. 
> 
> The developers, brothers William and Arthur Zeckendorf, will pay 
> $430 a square foot, more than double the going rate, for air rights 
> over Park Avenue and East 60th Street, the New York Times reported. 
> 
> Buying the air rights over low-scale buildings, the developers will 
> be able to build up. The 35-story apartment tower will be taller 
> than the zoning ordinarily allows, the paper said. 
> 
> "We want to concentrate on the very high-end market where we see 
> tremendous strength and a limited inventory," Arthur Zeckendorf 
told 
> the paper. 
> 
> Previously, the high end for the price of air rights was around 
$200 
> a square foot, the paper said, citing New York appraisers. 
> 
> "This market is absolutely crazy," Daniel Sciannameo, an appraiser 
> at the Albert Valuation Group, told the Times. 
> 
> The market for air rights has been an odd feature of the New York 
> real estate market for decades.
>







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