Economics

Manhattan’s Once-Prized Walkable Areas Miss Out on Housing Boom

  • NYC has 18 of top 20 zip codes with a price drop since 2018
  • The premium on ‘walkability’ is gone in large metro areas
Photographer: Amir Hamja/Bloomberg
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Affluent New Yorkers used to pay a premium to live in a walkable area of the city. The pandemic has turned that calculus upside down.