The Traderszone Network

Published in TZ Latest News 24 December, 2015 by The TZ Newswire Staff

Manhattan Luxury-Home Prices Drop For 8th Straight Month Amid "Glut In Overpriced Apartments"

The poor are getting poorer but the rich, it appears, are no longer getting richer. With apartment vacancies at 9-month highs, Bloomberg reports that Manhattan’s luxury-home market is rapidly losing its luster.

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