The number of listings went up and the sales market slowed down in Manhattan during the first quarter of the year. Sales of apartments in the borough hit their slowest pace in five years due in part to slower closings at new luxury buildings and condo buyers refusing to pay high asking prices, according to the Wall Street Journal. At the same time, developers dealing with constraints from lenders and equity partners are not eager […]
source https://therealdeal.com/2018/03/29/new-condo-sales-fell-like-a-brick-during-the-first-quarter/
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