That sounds waaay too expensive. GDP per capita is 39K USD and 18% of the population lives in Paris. How would that work?
It's such an extraordinary claim people are using Paris (not an Eastern European capital) as a counter example, but let's not move the goal post.
That doesn't affect my initial claim though: indeed, the quoted Manhattan rents in the original article include existing contracts, including decades-old regulated rental contracts, and do not represent average prices of new rentals signed now.