“Values could climb in subsequent years if the building is repairable.”
And condo prices plummet 14.5% in 3 months.
Luxury condo boom in Lower Manhattan turns to glut, prices sag.
Done in by a historic construction boom.
Are people so real-estate-crazy they can’t see how insane this has become?
One of its “Biggest New-Housing Construction Booms in History”
Bottom falls out of luxury real estate. Even houses.
“All of that negative news has put a downer on consumer sentiment.”