Manhattan’s residential real-estate market, dormant for months after many New Yorkers fled near the start of the Covid-19 pandemic, closed the first quarter by posting its strongest sales in years.

In March, around 1,500 Manhattan residences were in contract for sale. That marked the highest number of deals for any one month in 14 years, according to real-estate analytics firm UrbanDigs.

The surge in sales reflects pent-up demand following a severe slowdown during the early months of the pandemic, when New York City was at a standstill as the virus surged, said Noah Rosenblatt, co-founder of UrbanDigs. …

Jonathan Weiss

Raised in Greenwich, CT. This blog is meant to share my thoughts and ideas to the world

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