The Chill in US Real Estate
You know things are starting to get dicey out there when even a multimillion-dollar penthouse in Manhattan can't sell.
It seems a developer in SoHo, having just recently finished primary construction for his high-rise condo tower, realized the project's focal point - a $45 million, 8,400-square- foot penthouse - was just a bit too much.
"The air is very thin up there i…
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