The forecast for Manhattan’s luxury residential market continues to be bleak, as year-to-date sales declined for the third consecutive first quarter. There were 27 contracts above $4 million signed last week – valued at $199.5 million – according to the latest luxury market report from Olshan Realty. The new deals brought the total luxury sales for 2019 to 229. This figure is a 19 percent decline in comparison to the same period in 2018, when […]
source https://therealdeal.com/2019/03/25/manhattan-luxury-market-takes-hit-with-19-decline-in-contracts-in-q1-olshan/
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