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Unthinkable Happens: Manhattan Apartment Prices Fall - Read More

Date Added: August 30, 2008 09:48:08 PM
The old adage that one can't lose money on Manhattan real estate doesn't seem to be holding up. Recently released city records indicate that apartments in prime Manhattan neighborhoods are selling for less than their purchase prices — a phenomenon that until now was virtually unheard of in the seemingly invincible New York City real estate market. Among the apartments selling for a loss is a ...

Category: Real Estate » Appraisal


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