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.