No Longer A Market Like No Other, Fairway Fades
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The Lower Manhattan Real Estate Bubble Is Bursting
Alex Davies / Business Insider In Lower Manhattan, 31 towers with over 5,000 apartments are sprouting up. They’re not exactly in the “affordable” category. The median price for condos – half sell for more, half sell for less – has soared 77% since 2013, to $2.43 million, while the median price in the overall Manhattan condo market has shot up “only” 54% to $1.84 million. These are stunning ... Read News
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