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Unthinkable Happens: Manhattan Apartment Prices Fall

Submitted by Tom Cerone, Sep 5, 2008 20:20

I can remember in the mid seventies when people were so pressed to get rid of their coops that some practically gave them away so as not to pay the maintenance cost's on their empty upper east side apts. Real estate is like the stock market, it goes up and goes down from time to time.


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Comment By Date

I can remember in the mid seventies when people were so pressed to get rid of their coops that some...

Tom Cerone 

Sep 5, 2008 20:20

The population of the NYC metropolitan area is larger than that of very many nations and probably is the most... [MORE]

Dorus 

Sep 4, 2008 14:49

This is NYC the capital of the free world. Compared to the rest of the US where foreclosures are now... [MORE]

Gabriel S 

Sep 4, 2008 13:52

I think there are a lot of stereotypes about NYC that are warranted, however, they don't have any bearing on... [MORE]

CS 

Sep 3, 2008 10:02

@Josh Wilder: It's dire STRAITS, and please, stay wherever you are. We have enough sarcastic idiots who don't know what... [MORE]

shawnmac 

Sep 3, 2008 08:58

Bill. I couldn't agree more. NY is home to the biggest bunch of self-centered, pompous people around. They have to... [MORE]

Noz 

Sep 2, 2008 14:01

What? Prices falling in Manhattan? No way dude, nNow I know the US is in dire staights! [MORE]

Josh Wilder 

Sep 2, 2008 12:00

NY, the self-deluded "capital of the world," where luxury RE will forever rise, needs to recognize that NY has been... [MORE]

Bill Revancha 

Aug 31, 2008 07:10

"Mr. Miller said — once the real estate market picks up again after Labor Day" I think Mr. Miller has... [MORE]

River Bolden 

Aug 30, 2008 17:58

Sellers who are stubbornly holding out, looking for prices to go back up, will a year from now be kicking... [MORE]

Michael Greenberg 

Aug 30, 2008 16:08

That adage cant be too old -- anyone who bought in Manahattan from in 1987-90 waited years -- to about... [MORE]

Barry Ritholtz 

Aug 29, 2008 17:26

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