Manhattan real estate sales ground to a halt in March. Could prices plunge next?
Coronavirus hammers the already battered NYC luxury housing market, luxury new condo developments may not rebound for a very long time. The White House warns that the week ahead will be full of sadness as the US death toll will increase significantly. NYC is devastated by COVID-19. Hospitals face severe shortages of critical supplies and PPE. And Wall Street begins the week on an update note.
Also today: Why would we risk it? NYC real estate agents push back against the essential business ruling from New York State.. and we are continuing with our ‘stay at home’ directive including everything virtual.
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