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Posts Tagged ‘Manhattan short sales’

With their article entitled The Roller Coaster Ride Called a Short Sale, the NY Times has examined the phenomenon’s arrival in Manhattan. Of course, I posted Short Sales Have Come to New York City in March of 2009. That is when I referred one of the first ever in Manhattan to my esteemed colleague, Eileen [...]

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Short sales have been quite common in the boroughs, such as Queens and the Bronx. They have now arrived in Manhattan. Until the financial crisis, Manhattan’s real estate market was actually extremely hot. The cooling down, however, has put New York City into the same economic malaise that the rest of the country is enduring. [...]

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