Friday, November 11, 2005

Manhattan Prices Might be Softening

The NY Times says that the high end of the real estate market in Manhattan is finally softening. Time to sell the house in LBI.


snip...

"With close to 16,000 units being built in Manhattan alone this year and next, and another 23,700 planned, according to Yale Robbins, a real estate publishing company in New York, there is much to choose from, especially at the high end, where a disproportionate amount of building is going on."

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