Manhattan, Brooklyn Welcome New Towers, Boutique Buildings

While 2018 has begun on a higher note, Manhattan had the lowest sales volume in six years in the fourth quarter of 2017, as buyers and sellers waited to see what the results of the new U.S. tax bill would be, according to a report from Douglas Elliman.

The average sale price dipped below $2 million for the first time in seven quarters, as a large inventory of new developments continued to be sold off.

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