NYC Luxury Real Estate Weakness Spreading As Lower Pricing Tiers Tank

A few weeks back we wrote about how luxury real estate markets around the country were tanking (see “”I’ve Never Seen Anything Like This Before” – The Housing Markets In The Hamptons, Aspen And Miami Are All Crashing”). Turns out other price tiers may be at risk of contagion as lower-priced real estate is also starting to crash, at least in NYC.

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