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April 26, 2025
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Real estate

Luxury real estate contracts signed up 17pc in Manhattan: Compass

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.

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  1. Coty reduces workforce by 700 amid operational restructure
  2. Circular fashion comprised 27pc of US online luxury apparel spend in 2024: Mastercard
  3. LVMH provides ESG updates at ChangeNOW Summit
  4. Pratesi continues retail push with new Boston boutique
  5. Mercedes-Benz uplifts CLA model with celebrity-led makeovers
  6. Pucci partners with Mytheresa on exclusive resortwear capsule
  7. Heritage Auctions to host landmark Chanel sale this spring
  8. Rue La La makes private sale shopping accessible on Android devices
  9. Luxury Unfiltered: The real reason luxury brands fail
  10. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
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