The first month of the year is notoriously slow for real estate deals, but this January is downright pitiful for Manhattan’s luxury market. As of Sunday, the borough’s luxury market had seen about $490 million worth of sales across 53 buildings, according to reports from Olshan Realty, which tracks contracts signed at $4 million or higher. This has put the market on track for its slowest January since 2012, when it saw about $336 million […]
source https://therealdeal.com/2019/01/30/manhattans-luxury-market-hasnt-started-off-the-year-this-slowly-since-2012-heres-why/
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