Is housing bust about to take Manhattan?
China Daily | Updated: 2009-06-16 08:09
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People pass 15 Central Park West, a luxury condominium building in New York. Bloomberg News |
NEW YORK: New York City real estate prices are looking increasingly shaky as instability in two of the city's sexier submarkets - second homes in the Hamptons, and new condos in Manhattan - register the latest signs of a housing downturn.
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