New York’s three-month shutdown largely ground new residential deals to a halt — and the number of contract signings in May bears that out. In Manhattan and Brooklyn, signed contract activity was down last month by a wide margin compared to a year earlier, according to a new monthly report from Douglas Elliman and appraiser Jonathan Miller that tracks new listing activity by property type at all price points. But as city dwellers fled to
source https://therealdeal.com/2020/06/18/residential-contract-signings-in-nyc-plummet-while-the-hamptons-holds-steady/
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