Carrying on the New York theme – a record setting price of US $150 Million is being asked for a condominium proposed for a residential conversion of the existing former Sony US Headquarters on Maddison Avenue. For your money you get three floors of the building, eight bedrooms, eight bathrooms and a wine room.
Locally, interest rates still looking good with one bank offering 5.19% for two years for clients with 20% equity input.
Housing market still strong with good sales going through. Rental market showing stronger demand for unfurnished than furnished homes and there is a good selection of homes on offer.