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New York

Sales offer glimpse of bonus buying power

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Recent sales at the Cipriani Club Residences at 55 Wall Street offer early proof of the swift kick that Wall Street bonuses may give the city’s housing market in the coming months. Since December, at least 39 condos at the development have been sold to Wall Street professionals, with some investment bankers picking out penthouses for more than $3 million. more [NYDN]