Lower Manhattan’s rental market remained strong in the third quarter, with prices in the Financial District and Battery Park City both climbing. That stood in contrast to the stagnating sales market, according to a Platinum Properties third quarter market report that detailed both neighborhoods. That trend has dominated this year. In July, Platinum managing partner Teresa Stephenson said strong rental markets and sluggish sales markets in both neighborhoods indicate potential buyers “are just waiting” for
source https://therealdeal.com/2019/10/04/lower-manhattan-is-tale-of-two-markets-rental-demand-is-up-as-sales-slow/
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