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Founded in the 1920s by the Real Good Construction Company—hence “Rego”—the neighborhood grew as a suburban-style enclave of single-family homes before giving way to large apartment complexes after World War II. Rego Park today is a blend of mid-century high-rises, garden apartments, and commercial corridors. Its population is diverse, with Jewish, Russian, Bukharian, and Central Asian communities shaping the area’s cultural fabric. Known for its shopping hubs and easy access to Manhattan via subway, Rego Park strikes a balance between quiet residential life and urban convenience.
According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000. The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022. The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%. ...
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