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":"a91b2a1be844bfdc8675b8f5f2fd0de9","s":"5a64a8533c2feefe"}
Share your thoughts. Click here