High-End New York Luxury Apartment Prices Are Falling

The video discusses the top ten apartment sales, which totaled over half a billion dollars, noting a decline from the peak in 2014. It explores the macroeconomic environment and concerns about property price cycles. A $73.8 million duplex penthouse sale is highlighted, despite being 26% lower than the 2014 high. The video also speculates on the impact of tech giants like Amazon and Google on city real estate, with a focus on rising prices in Queens.

What was the total value of the top ten apartment sales mentioned in the video?

• Over a billion dollars

• Half a billion dollars

• A quarter of a billion dollars

• Three-quarters of a billion dollars

How much did the value of the $73.8 million duplex penthouse decrease from its 2014 high?

• 30%

• 26%

• 15%

• 10%

What was the price reduction on one of the apartments mentioned in the video?

• $25 million

• $20 million

• $17 million

• $10 million

Which companies are speculated to influence the city's real estate market?

• Apple and Microsoft

• Amazon and Google

• Facebook and Twitter

• Netflix and Tesla

Which area is noted for rising real estate prices?

• The Bronx

• Queens

• Manhattan

• Brooklyn