$30 billion worth of condos will be sold in Manhattan in the next 5 years

 

No end in sight?  You heard it here first!  As we keep saying, the NY real estate market is in the midst of a once-in-a-century boom being driven not just by economics, but by the confluence of a host of long term social, economic, political, and demographic trends.  A new report out today claims $30 billion worth of condos will be sold in Manhattan alone during the next 5 years. Stay tuned to TPR for the latest on NYC trends.

 

Read the report at Business Insider.