Inside rising townhouse prices across New York City 

In August 2022, a townhouse on East 63rd Street sold for $15.5  million. Now the property is back on the market, asking a whopping $52 million. The three-fold markup might seem like a lofty goal, though a few factors weigh in its favor. For one, the landmarked home, just a block from Central Park, underwent a significant renovation, including amenities typically reserved for luxury condos, like a Hammam, sauna, fitness center and elevator.  But the six-story abode is also returning to the market at a time when townhouses, particularly in Manhattan and prime Brooklyn neighborhoods, are logging double-digit, if not […]

This article originally appeared on The Real Deal. Click here to read the full story.