Buyers shelling out cash for Manhattan’s residential condominiums and co-ops have reached a record high after mortgage rates last year surged to their highest level since 2000 despite recent signs of easing.
Cash Buyers for Manhattan Residential Condos and Co-Ops Hit Record High
Deals Dominated Fourth-Quarter Transactions, Brokerage Says
By Andria Cheng
CoStar News
January 3, 2024 | 11:30 P.M.
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