The Traderszone Network

Published in TZ Latest News 2 September, 2016 by The TZ Newswire Staff

High-end condo developers are getting desperate for sales

The high-end condominium market has gotten so dicey that some developers are tabling their plans to build or delaying their marketing pushes. The 3,574 condos once slated to hit the market in Manhattan this year are now 38 percent fewer that was was estimated at the beginning of the year, according to Corcoran Sunshine Marketing Group data provided to Bloomberg News. “We’ve never had a buildup of housing inventory that has been so skewed to … [more]

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