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Central Park Tower (217 West 57th Street)Recorded sales & closing prices
217 West 57th Street, New York, NY 10019
135 recorded closings, 2021–2026. Sortable and searchable below.
- Recorded closings
- 135
- Date range
- 2021–2026
- Median $/sf
- $4,558
- Listing discount
- 13.0%
- Monthly carry/sf
- $4.12
- Price range
- $1.23M – $45.4M
Change in the building’s median $/sf over each window, on a floor-adjusted basis — standardized to the building’s average floor, so it reflects price rather than which floors happened to sell. This is a different method from The Roebling Index, which publishes plain medians and applies no floor adjustment; the two are not interchangeable. Floor adjustment standardizes for floor only. It does not control for condition, size, exposure, renovation or the mix of what happened to trade. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.
Review the 2024–2026 record by apartment, distinguishing sponsor sales from resales and asking prices from recorded consideration. Verify the cited June 2024 penthouse closing against its deed and original price history before drawing a market conclusion. Full-floor, E-line, compact two-bedroom and west-facing half-floor transactions differ in area, layout, floor, condition and exposure; they do not isolate an exposure premium or establish that the secondary market generally trades below sponsor pricing. Compare matched sales and dated marketing histories before extending any pattern to One57 or 432 Park.
The complete recorded-sale history for Central Park Tower, compiled from NYC Department of Finance transfer records, with apartment-by-apartment detail from The Roebling Research Library. Across sales with a public asking price, the building carries a median listing discount of 13.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy here.
Price per square foot over time
81 sales with a known square footage, by closing date.
The vertical premium
Time-adjusted price per square foot by floor group, against the recent median. These figures reflect the apartments that traded and do not isolate the value of light, views, layout or condition.
Premium by line
Time-adjusted price per square foot by line, against the recent median. Line groups are not floor-controlled and do not isolate the value of light, outlook, layout or condition.
Recent closings
The building’s 10 most recent market sales.
| Date | Unit | Apartment | Price | $/sf | vs. Ask |
|---|---|---|---|---|---|
| Sep 14, 2026 | 84W | 3 BR · 3.5 BA · 3,073 sf | $15,213,425 | $4,951 | -4.3% |
| Aug 27, 2026 | 68N | 2 BR · 2.5 BA · 1,435 sf | $8,170,250 | $5,694 | -7.2% |
| May 27, 2026 | 70N | 2 BR · 2.5 BA · 1,435 sf | $8,170,250 | $5,694 | -7.2% |
| Apr 28, 2026 | 57W | 3 BR · 3.5 BA · 3,165 sf | $12,660,529 | $4,000 | -8.9% |
| Mar 24, 2026 | 48B | 3 BR · 3.5 BA · 2,649 sf | $11,947,025 | $4,510 | -11.5% |
| Mar 12, 2026 | 82E | 4 BR · 4.5 BA · 4,295 sf | $23,991,875 | $5,586 | -10.1% |
| Feb 27, 2026 | 81E | 4 BR · 4.5 BA · 4,295 sf | $24,502,250 | $5,705 | -7.2% |
| Aug 6, 2025 | 67N | 2 BR · 2.5 BA · 1,435 sf | $7,864,025 | $5,480 | -8.6% |
| Jun 25, 2025 | 90W | 3 BR · 3.5 BA · 3,073 sf | $15,060,312 | $4,901 | -8.7% |
| Jun 20, 2025 | 120 | 5 BR · 6.5 BA · 6,700 sf | $39,500,000 | $5,896 | — |
The retrade record
Lines that have changed hands more than once in the public record — the building’s appreciation arc, apartment by apartment.
Every recorded sale
Sort any column; filter by unit or keyword. Prices are the recorded transfer amount at the NYC Department of Finance. Every sale sits in one of three states: counted in the building’s medians and trend; shown but excluded as a non-arms-length or nominal transfer; or shown and ⚑ flagged for review — a possible duplicate filing or an extreme $/sf outlier, held out of the statistics pending manual verification rather than allowed to move them.
| Apartment | ||||||
|---|---|---|---|---|---|---|
| Sep 14, 2026 | 84W | 3 BR · 3.5 BA | 3,073 | $15,213,425 | $4,951 | -4.3% |
| Aug 27, 2026 | 68N | 2 BR · 2.5 BA | 1,435 | $8,170,250 | $5,694 | -7.2% |
| Jul 22, 2026 | 113 | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 7,074 | $46,958,750 | $6,638 | -14.5% |
| May 27, 2026 | 70N | 2 BR · 2.5 BA | 1,435 | $8,170,250 | $5,694 | -7.2% |
| Apr 28, 2026 | 57W | 3 BR · 3.5 BA | 3,165 | $12,660,529 | $4,000 | -8.9% |
| Mar 24, 2026 | 48B | 3 BR · 3.5 BA | 2,649 | $11,947,025 | $4,510 | -11.5% |
| Mar 12, 2026 | 82E | 4 BR · 4.5 BA | 4,295 | $23,991,875 | $5,586 | -10.1% |
| Feb 27, 2026 | 81E | 4 BR · 4.5 BA | 4,295 | $24,502,250 | $5,705 | -7.2% |
| Nov 4, 2025 | 121 | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 7,074 | $47,469,125 | $6,710 | -13.5% |
| Aug 6, 2025 | 67N | 2 BR · 2.5 BA | 1,435 | $7,864,025 | $5,480 | -8.6% |
| Jul 29, 2025 | 62E | 3 BR · 4.5 BAoutside the market statistics (eligibility screen) | 3,364 | $17,612,187 | $5,235 | -11.5% |
| Jun 25, 2025 | 90W | 3 BR · 3.5 BA | 3,073 | $15,060,312 | $4,901 | -8.7% |
| Jun 20, 2025 | 120 | 5 BR · 6.5 BA | 6,700 | $39,500,000 | $5,896 | — |
| Apr 10, 2025 | 116 | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 7,074 | $45,938,000 | $6,494 | -13.2% |
| Mar 3, 2025 | 91W | 3 BR · 3.5 BA | 3,073 | $15,315,500 | $4,984 | -15.0% |
| Dec 26, 2024 | 120 | 5 BR · 6.5 BA | 7,074 | $45,427,625 | $6,422 | -30.1% |
| Dec 23, 2024 | 60W | 3 BR · 4.5 BA | 3,165 | $13,171,925 | $4,162 | -17.9% |
| Nov 14, 2024 | 65N | 2 BR · 2.5 BA | 1,435 | $7,659,875 | $5,338 | -18.5% |
| Nov 6, 2024 | 35F | 2 BR · 2.5 BA | 2,114 | $6,350,000 | $3,004 | -1.6% |
| Oct 29, 2024 | 36D | 2 BR · 2.5 BA | 1,897 | $5,700,035 | $3,005 | -16.2% |
| Oct 10, 2024 | 45B | 3 BR · 4.5 BAoutside the market statistics (eligibility screen) | 2,640 | $11,998,062 | $4,545 | -12.7% |
| Sep 26, 2024 | 65E | 3 BR · 4.5 BAoutside the market statistics (eligibility screen) | 3,364 | $18,173,600 | $5,402 | -22.4% |
| Aug 20, 2024 | 39B | 5 BR · 6 BAoutside the market statistics (eligibility screen) | 7,587 | $43,500,000 | $5,733 | -26.3% |
| Jul 26, 2024 | 33D | 2 BR · 2.5 BA | 1,897 | $5,720,450 | $3,016 | -12.0% |
| Jun 14, 2024 | 78W | 3 BR · 3.5 BA | 3,073 | $15,570,687 | $5,067 | -15.8% |
| Jun 14, 2024 | 107Sponsor Sale | 7 BR · 9 BAoutside the market statistics (eligibility screen) | 12,557 | $117,390,500 | $9,349 | -32.9% |
| May 22, 2024 | 69N | 2 BR · 3.5 BA | 1,435 | $7,362,594 | $5,131 | -26.4% |
| May 13, 2024 | 34D | 2 BR · 2.5 BA | 1,897 | $6,077,712 | $3,204 | -7.9% |
| May 10, 2024 | 69NSponsor Sale | 2 BR · 3.5 BA | 1,435 | $7,362,593 | $5,131 | — |
| May 2, 2024 | 69W | 3 BR · 4.5 BA | 3,165 | $14,652,012 | $4,629 | -24.9% |
| Dec 27, 2023 | 69ESponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 3,364 | $18,077,375 | $5,374 | -26.2% |
| Dec 26, 2023 | 70WSponsor Sale | 3 BR · 3.5 BA | 3,165 | $16,336,250 | $5,162 | -18.0% |
| Nov 29, 2023 | 58WSponsor Sale | 3 BR · 3.5 BA | 3,165 | $12,763,625 | $4,033 | +0.0% |
| Nov 22, 2023 | 92W | 3 BR · 3.5 BA | 3,073 | $19,054,000 | $6,200 | +0.0% |
| Oct 24, 2023 | 118Sponsor Sale | outside the market statistics (eligibility screen) | 6,700 | $46,152,150 | $6,888 | — |
| Sep 21, 2023 | 92ESponsor Sale | 4 BR · 4.5 BAoutside the market statistics (eligibility screen) | 4,295 | $29,606,000 | $6,893 | -13.6% |
| Jul 24, 2023 | 63ESponsor Sale | 3 BR · 3.5 BA | 3,364 | $16,591,437 | $4,932 | -14.9% |
| Jul 17, 2023 | 32ASponsor Sale | 3 BR · 3.5 BA | 2,439 | $7,552,696 | $3,097 | -20.5% |
| Jul 13, 2023 | 32DSponsor Sale | 2,579 | $8,170,250 | $3,168 | — | |
| Jul 10, 2023 | 61NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $7,600,000 | $5,296 | -15.6% |
| Jun 30, 2023 | 64NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $8,068,175 | $5,622 | -16.0% |
| Jun 29, 2023 | 60ESponsor Sale | 3 BR · 3.5 BA | 3,364 | $16,846,625 | $5,008 | -23.8% |
| Jun 23, 2023 | 35DSponsor Sale | 2 BR · 2.5 BA | 1,913 | $5,363,187 | $2,804 | — |
| Jun 12, 2023 | 46ASponsor Sale | 3 BR · 3.5 BA | 2,439 | $8,374,400 | $3,434 | -19.0% |
| Jun 8, 2023 | 84ESponsor Sale | 4 BR · 4.5 BAoutside the market statistics (eligibility screen) | 4,251 | $25,012,625 | $5,884 | -27.0% |
| May 11, 2023 | 45A | 2,439 | $8,574,300 | $3,515 | — | |
| May 8, 2023 | 34ESponsor Sale | non-market transfer (excluded from $/sf & trends) | 569 | $828,450 | — | — |
| May 8, 2023 | 38ESponsor Sale | non-market transfer (excluded from $/sf & trends) | 567 | $828,450 | — | — |
| Apr 24, 2023 | 97WSponsor Sale | 3,073 | $16,425,565 | $5,345 | — | |
| Apr 14, 2023 | 92WSponsor Sale | 3 BR · 3.5 BA | 3,073 | $15,009,275 | $4,884 | -21.2% |
| Apr 10, 2023 | 49DSponsor Sale | 1 BR · 1.5 BA | 1,508 | $4,505,757 | $2,988 | -4.6% |
| Mar 23, 2023 | 83WSponsor Sale | 3 BR · 3.5 BA | 3,073 | $14,039,562 | $4,569 | -17.8% |
| Mar 7, 2023 | 38DSponsor Sale | 2 BR · 2.5 BA | 1,897 | $6,434,975 | $3,392 | -11.2% |
| Feb 27, 2023 | 80WSponsor Sale | 3 BR · 3.5 BA | 3,073 | $12,697,451 | $4,132 | — |
| Feb 3, 2023 | 95WSponsor Sale | 3 BR · 3.5 BA | 3,073 | $16,336,250 | $5,316 | -15.4% |
| Jan 27, 2023 | 114Sponsor Sale | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 7,074 | $44,866,212 | $6,342 | -29.3% |
| Jan 6, 2023 | 48DSponsor Sale | 1 BR · 1.5 BA | 1,508 | $4,112,768 | $2,727 | — |
| Dec 21, 2022 | 63NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $8,680,625 | $6,049 | -5.6% |
| Dec 7, 2022 | 124Sponsor Sale | outside the market statistics (eligibility screen) | 6,700 | $50,012,809 | $7,465 | — |
| Nov 30, 2022 | 46DSponsor Sale | 1,508 | $4,087,250 | $2,710 | — | |
| Nov 29, 2022 | 33ASponsor Sale | 3 BR · 3.5 BA | 2,439 | $7,864,025 | $3,224 | — |
| Nov 21, 2022 | 122Sponsor Sale | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 6,700 | $44,917,250 | $6,704 | — |
| Nov 3, 2022 | 60NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $8,170,250 | $5,694 | -8.2% |
| Oct 27, 2022 | 37DSponsor Sale | 1,886 | $6,332,900 | $3,358 | — | |
| Oct 3, 2022 | 46BSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 2,640 | $12,253,250 | $4,641 | -12.9% |
| Sep 29, 2022 | 38FSponsor Sale | 2 BR · 2.5 BA | 2,141 | $6,884,105 | $3,215 | -17.1% |
| Sep 22, 2022 | 85WSponsor Sale | 3,073 | $13,550,000 | $4,409 | — | |
| Sep 22, 2022 | 85ESponsor Sale | outside the market statistics (eligibility screen) | 4,251 | $25,700,000 | $6,046 | — |
| Aug 31, 2022 | 79WSponsor Sale | 3 BR · 3.5 BA | 3,073 | $12,916,737 | $4,203 | -22.3% |
| Aug 19, 2022 | 45A | 2,439 | $8,727,412 | $3,578 | — | |
| Aug 15, 2022 | 38CSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 2,478 | $13,018,812 | $5,254 | — |
| Jul 21, 2022 | 93WSponsor Sale | 3,073 | $14,938,697 | $4,861 | — | |
| Jul 20, 2022 | 115Sponsor Sale | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 6,700 | $43,896,500 | $6,552 | — |
| May 31, 2022 | 32CSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 2,494 | $11,742,875 | $4,708 | -13.0% |
| May 23, 2022 | 123Sponsor Sale | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 7,074 | $48,489,875 | $6,855 | +0.0% |
| May 12, 2022 | 49ASponsor Sale | 2,439 | $9,191,000 | $3,768 | — | |
| May 5, 2022 | 96WSponsor Sale | 3,073 | $16,011,875 | $5,211 | — | |
| May 3, 2022 | 47DSponsor Sale | 1,508 | $3,985,175 | $2,643 | — | |
| Apr 27, 2022 | 37FSponsor Sale | 2 BR · 2.5 BA | 2,134 | $6,679,955 | $3,130 | -10.3% |
| Apr 21, 2022 | 95ESponsor Sale | outside the market statistics (eligibility screen) | 4,251 | $28,074,875 | $6,604 | — |
| Mar 31, 2022 | 62NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $8,405,876 | $5,858 | -6.1% |
| Mar 31, 2022 | 35FSponsor Sale | 2 BR · 2.5 BA | 2,114 | $6,301,108 | $2,981 | — |
| Mar 21, 2022 | 47CSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 3,401 | $15,315,500 | $4,503 | — |
| Mar 16, 2022 | 36ESponsor Sale | 575 | $1,226,150 | $2,132 | — | |
| Mar 10, 2022 | 82WSponsor Sale | 3 BR · 3.5 BA | 3,073 | $15,060,312 | $4,901 | -0.9% |
| Mar 3, 2022 | 59ESponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 3,364 | $18,377,750 | $5,463 | -7.9% |
| Feb 14, 2022 | 33ESponsor Sale | non-market transfer (excluded from $/sf & trends) | 569 | $1,017,408 | — | — |
| Feb 10, 2022 | 33CSponsor Sale | 3 BR · 3 BAoutside the market statistics (eligibility screen) | 2,494 | $11,232,500 | $4,504 | -15.2% |
| Feb 9, 2022 | 61ESponsor Sale | outside the market statistics (eligibility screen) | 3,364 | $18,377,750 | $5,463 | — |
| Jan 14, 2022 | 125Sponsor Sale | outside the market statistics (eligibility screen) | 6,700 | $46,958,750 | $7,009 | — |
| Jan 13, 2022 | 36ASponsor Sale | 2,439 | $7,429,051 | $3,046 | — | |
| Dec 30, 2021 | 64ESponsor Sale | outside the market statistics (eligibility screen) | 3,364 | $17,867,375 | $5,311 | — |
| Dec 21, 2021 | 66ESponsor Sale | outside the market statistics (eligibility screen) | 3,364 | $19,804,250 | $5,887 | — |
| Dec 16, 2021 | 45ASponsor Sale | 2,439 | $8,727,412 | $3,578 | — | |
| Dec 15, 2021 | 54ESponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 3,364 | $17,357,000 | $5,160 | — |
| Nov 29, 2021 | 36FSponsor Sale | 2,134 | $6,434,975 | $3,015 | — | |
| Nov 22, 2021 | 39ASponsor Sale | 2,439 | $8,986,850 | $3,685 | — | |
| Nov 18, 2021 | 57ESponsor Sale | 3 BR · 3 BAoutside the market statistics (eligibility screen) | 3,364 | $17,357,000 | $5,160 | -8.4% |
| Nov 11, 2021 | 43DSponsor Sale | 1 BR · 1.5 BA | 1,508 | $4,077,250 | $2,704 | — |
| Nov 8, 2021 | 35ESponsor Sale | non-market transfer (excluded from $/sf & trends) | 569 | $995,000 | — | — |
| Oct 28, 2021 | 37ASponsor Sale | 3 BR · 3 BA | 2,439 | $8,256,688 | $3,385 | -7.7% |
| Sep 30, 2021 | 38ASponsor Sale | 2,439 | $8,170,250 | $3,350 | — | |
| Sep 23, 2021 | 109Sponsor Sale | outside the market statistics (eligibility screen) | 6,700 | $47,953,221 | $7,157 | — |
| Sep 17, 2021 | 112Sponsor Sale | 5 BR · 5.5 BAoutside the market statistics (eligibility screen) | 6,700 | $40,834,250 | $6,095 | — |
| Sep 17, 2021 | 53Sponsor Sale | outside the market statistics (eligibility screen) | 7,984 | $50,021,000 | $6,265 | — |
| Sep 15, 2021 | 36BSponsor Sale | outside the market statistics (eligibility screen) | 2,649 | $12,253,250 | $4,626 | — |
| Sep 14, 2021 | 56ESponsor Sale | outside the market statistics (eligibility screen) | 3,364 | $16,336,250 | $4,856 | — |
| Aug 31, 2021 | 46CSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 3,401 | $14,805,125 | $4,353 | — |
| Aug 27, 2021 | 34FSponsor Sale | 2 BR · 1.5 BA | 2,114 | $6,128,750 | $2,899 | -11.2% |
| Aug 27, 2021 | 48ASponsor Sale | 2,439 | $10,064,999 | $4,127 | — | |
| Aug 26, 2021 | 54NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $8,705,046 | $6,066 | — |
| Aug 20, 2021 | 37ESponsor Sale | non-market transfer (excluded from $/sf & trends) | 575 | $1,022,500 | — | — |
| Aug 20, 2021 | 93ESponsor Sale | outside the market statistics (eligibility screen) | 4,251 | $28,585,250 | $6,724 | — |
| Aug 17, 2021 | 43CSponsor Sale | 3 BR · 3 BAoutside the market statistics (eligibility screen) | 3,401 | $14,805,125 | $4,353 | -15.4% |
| Aug 13, 2021 | 78ESponsor Sale | 4 BR · 4.5 BAoutside the market statistics (eligibility screen) | 4,295 | $23,481,500 | $5,467 | -9.3% |
| Aug 12, 2021 | 45DSponsor Sale | 1,508 | $3,883,100 | $2,575 | — | |
| Aug 12, 2021 | 36CSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 2,478 | $12,253,250 | $4,945 | — |
| Aug 6, 2021 | 37CSponsor Sale | 3 BR · 3 BAoutside the market statistics (eligibility screen) | 2,478 | $11,640,800 | $4,698 | -15.7% |
| Jul 8, 2021 | 58ESponsor Sale | outside the market statistics (eligibility screen) | 3,364 | $18,969,785 | $5,639 | — |
| Jul 1, 2021 | 57NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $8,516,820 | $5,935 | — |
| Jun 30, 2021 | 58NSponsor Sale | 1,435 | $8,608,462 | $5,999 | — | |
| Jun 30, 2021 | 55ESponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 3,364 | $16,336,250 | $4,856 | -8.7% |
| Jun 17, 2021 | 55NSponsor Sale | 1,435 | $8,323,352 | $5,800 | — | |
| Jun 17, 2021 | 34CSponsor Sale | 3 BR · 3.5 BAoutside the market statistics (eligibility screen) | 2,494 | $11,232,500 | $4,504 | -12.9% |
| Jun 17, 2021 | 59NSponsor Sale | 2 BR · 2.5 BA | 1,435 | $7,864,025 | $5,480 | -11.6% |
| Jun 17, 2021 | 43ASponsor Sale | 3 BR · 3 BA | 2,439 | $9,369,631 | $3,842 | -7.8% |
| Jun 3, 2021 | 33FSponsor Sale | 2 BR · 2.5 BA | 2,114 | $6,638,875 | $3,140 | — |
| May 27, 2021 | 49CSponsor Sale | outside the market statistics (eligibility screen) | 3,401 | $16,047,911 | $4,719 | — |
| May 20, 2021 | 45CSponsor Sale | outside the market statistics (eligibility screen) | 3,401 | $15,825,875 | $4,653 | — |
| May 7, 2021 | 34ASponsor Sale | 2,439 | $8,833,737 | $3,622 | — | |
| May 7, 2021 | 56NSponsor Sale | 1,435 | $8,420,086 | $5,868 | — | |
| Apr 30, 2021 | 35CSponsor Sale | outside the market statistics (eligibility screen) | 2,478 | $10,130,090 | $4,088 | — |
| Apr 20, 2021 | 35ASponsor Sale | 3 BR | 2,439 | $7,710,912 | $3,162 | — |
| Apr 20, 2021 | 48CSponsor Sale | 3 BRoutside the market statistics (eligibility screen) | 3,401 | $15,315,500 | $4,503 | — |
| Feb 23, 2021 | 47ASponsor Sale | 2,439 | $8,549,253 | $3,505 | — |
Sources, exclusions and how these figures are computed
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01029-7502; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans. Storage, parking, and commercial units are excluded from all figures. Floor- and line-level $/sf are time-controlled (each sale measured against the building’s going rate at the time of sale) and expressed at today’s pricing, so they isolate the floor or line premium rather than blend two decades of market movement.
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