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Sunday, June 22, 2008
jump to the original story in - The Real Deal :» Condos on the chopping block
As sales have slowed and inventory has grown, developers are clamoring to move new development condo units, many by adjusting prices. Price cuts are outpacing price increases, and prices appear to be falling on the whole in the two most active boroughs for development, Manhattan and Brooklyn, particularly in Harlem and much of Brooklyn.
Condos on the chopping block
