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Posted on: March 23, 2018, 7:01 p.m.
Sorry, Manhattan real estate owners, but your luxury home might not be worth as much as you think it is. A new Olshan Realty report found that homes with prices of $4 million or more that went into contract during the year’s first 12 weeks took an average price cut of 10 percent, the highest going back to at least 2012, according to Bloomberg. And the price cut will probably be even steeper once the […] Full investment news article