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Sunday, November 30, 2008
jump to the original story in - Wall Street Journal:» New York at the Center of the Luxury Housing Downturn
I've seen some anecdotal evidence that the luxury market has rebounded in November after a hiccup the month prior as reported in this WSJ article which says that "those still in the market for a fancy house can find some huge discounts. The late Brooke Astor’s 14-room duplex on New York’s Park Avenue is listed at $34 million, down from $46 million."
New York at the Center of the Luxury Housing Downturn