Monday 24 August 2020

Price drops fuel bump in Manhattan’s luxury market

Discounts and days on market. That is what defined the biggest luxury deals in Manhattan last week, as pandemic price drops offered a boost to an otherwise slow summer and moved properties that had sought buyers for years. Contracts were signed for 14 homes asking $4 million or more, matching the total for the same week last year. The most expensive was a 15-room duplex at 655 Park Avenue, which was asking $12.8 million —



source https://therealdeal.com/2020/08/24/price-drops-fuel-bump-in-manhattans-luxury-market/

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