Beware The Premium Decay In New York City New Development Buildings

beware-the-premium-decay-in-new-york-city-new-development-buildings

The allure of new development condos in Manhattan has historically been driven by their modern features, luxury amenities, and contemporary designs. However, as these buildings age, the premium associated with them gradually decays, bringing their price per square foot more in line with the overall resale market.

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