The F-word: Frothy

Which experts are sounding the alarm on NYC’s luxury market?
By Kathryn Brenzel | November 20, 2015 09:30AM

From the November issue: When the housing market shows any signs of decline, industry professionals tend to throw around the F-word – frothy. But to those particularly mindful of the 2008 financial crisis, the latest market signs, including record-high uber-luxury condos hitting the market and volatile foreign markets, seem to spell out an even more obscene word: b-u-b-b-l-e. [more]