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Luxury Home Sales Break August Records

It was the hottest August on record, and the weather wasn't bad, either! Manhattan’s luxury home sales (priced at $5 million +) scored their best August ever while inventory and days on the market plummeted. In addition, average price figures...

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NYC Roars Into Fall With Record August Sales

As expected the Labor Day weekend had an impact on sales in Manhattan from August 28th to September 3rd. However, non-too-shabby 218 contracts were still signed, down 20% on the previous week, with new development sales actually up slightly. Ho...

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A Late Summer Heatwave of Sales in NYC

Summer slowdown. What slowdown? During August 21st to 27th, there were 271 contracts signed in Manhattan, up 12% compared to the previous week, signally a late summer heatwave of sales and a potentially a sizzling hot Fall when vacationers retu...

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Jeff Bezos is crazy about NoMad. Here’s why…

Jeff Bezos’ latest purchase of a $23 million condo at 212 Fifth Avenue brings his overall spending in the luxury NoMad building to well over $100 million. It's a massive amount of money for most investors but for Bezos’ with a net worth o...

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July Keeps the Heat on NYC’s Summer Sales

July brought the heat in more ways than one as Manhattan sales for the month registered their best numbers for eight years, confirming that the borough was finally back. Although July is conventionally a slow month, and a 14% drop over June was...

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