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Manhattan Condo Slump Starting to Imperil City Developers - Printable Version

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Manhattan Condo Slump Starting to Imperil City Developers - Contra Corner - 07-16-2019

Manhattan Condo Slump Starting to Imperil City Developers

The market is struggling with a glut of new supply, new tax laws that make owning in New York City more costly, and declining demand by foreign buyers, especially from China after the government imposed capital controls. Some big projects that have been struggling to sell units could be running out of time. The developers […]


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