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REAL ESTATE NEWS As big cities lose their luster, and populations begin to prefer the suburbs, even the Big Apple shrinks in stature. New York City is ‘dead forever,’ according to one New Yorker. But New York is not alone in its cliffside teeter — the Loft Blog has written several articles recently about the …
Most Downtown lofts lost $9,000 to $35,000 of value in the past 12 months. Sellers are not yet outright declaring their motivation or financial distress, but the anxiety is certainly appearing. While the entertainment capital of the world has the most stoic sellers, who are least likely to demonstrate any signs of financial distress, the …
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