Posted on 07/02/2020 12:58:10 PM PDT by yesthatjallen
Manhattan apartment sales in the second quarter fell by 54%, the largest percentage decline in 30 years, according to a report from Miller Samuel and Douglas Elliman.
The median sales price fell 18% to $1 million, which is the biggest decline in a decade.
There were only 1,147 sales in the quarter — the lowest number on record, according to Compass.
SNIP
(Excerpt) Read more at cnbc.com ...
The Covid Riots of 2020
“There were only 1,147 sales in the quarter — the lowest number on record, according to Compass.”
Until the next quarter, that is.
They do not make a violin small enough for this one.
And this can’t be a surprise, first they killed off everybody with corona, then had mass riots and looting, and their mayor and governor are idiots.
Independent Journalist Tours The Cities Destroyed By Black Lives Matter Rioters - https://freerepublic.com/focus/f-bloggers/3861175/posts
Well considering its a 5k a month for a 600 sq. Foot crackerbox, combined with the worst state and city leadership I’ve ever seen its no wonder.
Who wants to live in a Covid-filled ghetto with rioters and looters?
I would not live in Manhattan (or NY for that matter) if you paid ME. And I’m dead serious.
Manhattan is on land stolen from the Indians so they should give it back anyway.
These are sales that closed. How many units are on the market, waiting for buyers who aren’t there?
“Manhattan is on land stolen from the Indians so they should give it back anyway.”
No, no, no, no - Pete Minuit paid them $24 worth of beads; they have to give them back first.
The Tsunami hasn’t even hit the shore yet.
The worse is yet to come.
They’ve been falling for a long time. My son lived in Manhattan 20 years ago. Said he can’t afford it now.
Duh.
I wouldn’t go to ny OR nj to throwup
And the exodus has only just begun.
No amount of money would make me want to live in that city.
https://www.zillow.com/manhattan-new-york-ny/
Oh LOOK! 600 sq ft for only $149,000. That’s the cheapest one I could find.
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