Coronavirus has cost Manhattan’s residential market billions. Sales of condos and co-ops last quarter declined by $2.4 billion from the first quarter, according to an analysis by The Real Deal of data from OLR. The drop from a year ago was over 70 percent, or $6.3 billion. Of the $2.56 billion in sales that closed in the borough while the city was in Covid lockdown, the vast majority of transactions were under $1.5 million. Deals
source https://therealdeal.com/2020/07/27/bad-to-worse-manhattan-nabes-where-home-sales-fell-most/
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