Are stories about $100 million Long Island palaces getting you down? Do you feel increasingly like you'll never be able to afford to live alone? Does the average home sale price in Manhattan make you want to curl up in a ball of emotions? These are all pretty normal signs of Post-Gentrification Real Estate Depression. But if you really want to lean into the madness of NYC housing circa 2015, then we have got just the map for you.
As you'll see in the interactive map below, it turns out that almost every neighborhood in NYC would be one of the most expensive neighborhoods in the world's glitziest cities and resort towns. This is what happens when housing prices stop being polite, and real estate gets really real. Check it out:
Constantine Valhouli, who founded NeighborhoodX—a forthcoming start-up focused on neighborhood-level data and reporting—explained the idea behind the map: "NYC is one of the most expensive real estate markets in the world, and it sometimes skews our idea of what 'normal' prices look like," he said. "We analyzed the average prices for a two-bedroom in various neighborhoods of the city, and discovered that even under-the-radar neighborhoods here are the equivalent price per square foot of some of the best neighborhoods of leading worldwide cities."
That means that an apartment in Park Slope compares to the affluent Leblon neighborhood of Rio de Janiero; Bushwick is priced equivalently to the nicest neighborhood of Dublin and Long Island City to the best neighborhood of Rome; and Rockaway Beach is priced the same as Grand Turk of the Turks & Caicos. One might start to wonder why they live in Fort Lee, NJ rather than Mitte, Berlin, or why they live on Roosevelt Island over the Ostermalm neighborhood in Stockholm.
But then again, there is probably a very good reason why you choose to live here and not there—whether it's because of work, friends & family, the nonstop art & culture, Broadway, 24/7 bodegas, subways that run all night, bars that seem to never close, access to the best pizza in the world, access to round-the-clock delivery, the only bagels worth a damn, fantastic drinking water, and the privilege of being able to complain about living in the best city in the world.
Anyway, if you really are looking to leave, skip Paris and Rio de Janiero and just buy yourself a private Greek island.