Real estate
July 7, 2023
Outperforming expectations, luxury real estate in Manhattan has seen a 17.4 percent increase in contracts signed from the second quarter of last year. Image courtesy of The Langham New York
By Zach James
While the overall market on New York City’s central island has seen a steep financial decline in recent months, U.S. real estate brokerage Compass’ latest report shows that the luxury sector remained strong in the second quarter of 2023.
{"ct":"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","iv":"29fc7fd140e1a87d7575e56c3f38f390","s":"933022eb8f01f531"}
Share your thoughts. Click here