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":"863d5fe66f5cff5587cd60f2c3ccde41","s":"41acfc3e457e3b07"}
Share your thoughts. Click here