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Manhattan real estate reaches record-breaking $30 billion in sales
Manhattan genuine estate posted its finest calendar year ever in 2021, rebounding from the pandemic with $30 billion in sales, according to true estate reports. The 16,000-as well as signed contracts ended up also a history, in accordance to a report from Corcoran. The banner 12 months marks a spectacular turnaround from 2020 when fears of population losses, increasing criminal offense and higher taxes weighed on product sales. Numerous observers thought at the time the days of bidding wars and slipping inventory were in excess of. But revenue have now eclipsed pre-pandemic totals, and are displaying no indicators of slowing in 2022. Fourth-quarter gross sales topped $6.7 billion, a mark…
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Mansion Global Daily: Holidays Don’t Hamper Historic Luxury Real Estate Run in Manhattan, Kemba Walker Finally Sells Boston-Area Mansion, and More
Despite a Holiday Slowdown, Deals for Manhattan Luxury Real Estate Were Three Times the 10-Year Average It was the strongest Thanksgiving week since at least 2006, according to Olshan Realty. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY A Neoclassical Chateau on a Private Peninsula Highlights Seattle’s Booming Luxury Market The waterfront estate was home to three-term Bellevue, Washington, mayor. Read More THE INSIDERS The Pandemic Brought a Renewed Interest in True Craftsmanship, Says French Furniture Maker Martin Pietri, founder of Emblem Paris, talks about the appetite for classic Parisian designs, mixing heritage pieces with modern interiors and expanding to New York. Read More NEWS BITES Sydney…
