Land values in New York City are among the highest in the world, driven by factors like high demand, limited space, and stringent zoning regulations. Prime areas in Manhattan command the highest prices, with some properties selling for hundreds of millions of dollars. Outer boroughs offer relatively more affordable land, but prices still vary by neighborhood and factors like development potential and accessibility to amenities. The city’s dynamic real estate market and global appeal continue to shape land values, with luxury developments and investments playing a significant role in the ever-evolving landscape.