Sellers who can’t part with their sky-high expectations keep slowing down apartment sales in Manhattan. The number of residential sales in the third quarter dipped 11.3 percent over the same period last year, according to Douglas Elliman’s latest market report. That’s the fourth consecutive quarter of declines. “There’s movement, but I do think it’s going to take time,” said Steven James, president and CEO of Douglas Elliman’s New York City brokerage. “It’s predicated on sellers […]
source https://therealdeal.com/2018/10/02/stubborn-sellers-are-putting-a-major-damper-on-the-manhattan-sales-market/
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