The Real Deal New York

No more fear of fall

In sharp contrast to last year, brokers expect strong market this autumn

September 05, 2012 10:30AM
By Leigh Kamping-Carder

From the September issue: What a difference a year makes — at least when it comes to Manhattan’s residential real estate market. As the fall of 2011 began, the country was reeling. Following the near-stalemate in Congress over raising the debt ceiling, Standard & Poor’s had downgraded U.S. debt.

Occupy Wall Street protesters began camping out in Zuccotti Park — a glaring reminder of an arrested economic recovery. And European leaders were struggling to resolve Greece’s debt woes, which threatened to topple neighboring economies and even spread across the pond. [more]

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