New York real estate market may not suffer for long 

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Although some in the city’s real estate industry say the economic slump is worse than that of the 1980s, analysts say it could be over as soon as the end of the year. Money from foreign buyers and the federal government’s initiatives could prevent the market from hitting rock bottom in New York. Industry experts say the New York economy is strong enough to weather a recession, and falling property values and the weak dollar are encouraging foreign buyers to purchase U.S. property.   

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