One bank has collapsed, thousands of jobs have been lost, and stocks have plummeted. So has any good come of the recent financial crisis? Well, if you're looking for a place to live in Manhattan, it looks as though prices in this alternate-universe island economy might finally start coming down. Reuters:
The number of homes on the market in Manhattan rose 4.6 percent to 6,194 in the first quarter from the same period last year, according to the Prudential Douglas Elliman Manhattan Market Overview quarterly report released early last month.
Monday, June 9, 2008
New York City 2010
