Buyers looking for a “Covid discount” on a New York condo may be disappointed. Concessions may be on the table, and some sponsors are guaranteeing satisfaction for buyers who only viewed their unit virtually. But fire-sale prices? Not so much. “There is a lot of talk about, ‘What is this Covid discount?’” said Kelly Kennedy Mack, CEO of Corcoran Sunshine Marketing Group. That has “certainly created a pause for some people who aren’t quite sure
source https://therealdeal.com/2020/06/18/covid-discount-condo-developers-are-barely-budging/
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