Sales activity in high-end co-ops mirrors 2005

The top end of the Manhattan housing market seems to be weathering the current overall slowdown fairly well. At the end of January, 13 co-ops were in contract at prices of $10 million or more, including one for more than $30 million and five others for more than $20 million. At the same time in 2005, there were 16 contracts for co-ops of $10 million or more, including three of at least $20 million. [3rd item] more [NYT]