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":"69ea6403b41d9980c41d590b6cd68355","s":"7245ee43e2156bfb"}
Share your thoughts. Click here