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":"067fa95aceddb56eb123a3c74a50e9f4","s":"7aadd5c8a37f4630"}
Share your thoughts. Click here