Record US$2m sought for NYC island condo

Washington

ON New York City's Roosevelt Island, a sliver of land across the East River from Manhattan, real estate broker Ben Garama is trying to set a record - and make a statement.

The Corcoran Group agent has listed a three-bedroom condo there for US$2 million, the highest price ever sought - or paid - for a residence on the island, once home to a smallpox hospital and now bustling with construction of a new Cornell University campus.

With three-bedroom apartments in Manhattan selling for a median of US$3.15 million, Mr Garama says his potentially record-setting price is a bargain for homebuyers hunting for more space and who might consider the island o…