With the average Manhattan home now priced at over $1.7 million, it’s time to take a look at the booming New York real estate market and explore where middle class families fit into the picture.

With some apartment prices now breaking nine figures, Howard Lorber, the chairman of Douglas Elliman, told me that there is no sign of this trend slowing down, calling New York a safe place for people around the world to invest in real estate.

In an effort to create an alternative to luxury developments, however, Deputy Mayor for Housing and Economic Development Alicia Glen is championing the implementation of the Mayor’s Housing plan, which the Mayor promises “will create opportunity for so many people who are currently being priced out of our city.”