I would guess it is around $100,000,” Shaun Donovan, the housing and urban development secretary under Barack Obama and housing commissioner under the former New York mayor Mike Bloomberg, told the New York Times. In the same set of endorsement-seeking interviews, Ray McGuire, a wealthy former Citigroup executive, guessed that the median sales price was “somewhere in the $80,000 to $90,000 range, if not higher”. Ray McGuire: ‘I am human.’ Photograph: Eduardo Muñoz/ReutersMcGuire later said: “I messed up when accounting for the cost of housing in Brooklyn. Brooklyn’s median sales price is $900,000. The median sales price of a home or apartment.

Source: The Guardian May 11, 2021 21:56 UTC