Even with the average home price now at an astonishing $880,000, Manhattanites are starting to feel the pinch from rising interest rates and fears about the economy.No wonder NYC is the one number place people born in America leave.
The Manhattan real estate market - with a median price now four-times the national average - has always been a law unto itself, but increasingly apartments are sitting on the market, unsold for months.
Tuesday, August 22, 2006
UNSOLD MANHATTAN APARTMENTS AT 10 Year High
The New York Post reports:
