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Manhattan Apartment Prices Tumble

Financial crisis sends values down double digits in first quarter

By Rob Quinn,  Newser Staff

Posted Apr 2, 2009 6:27 AM CDT

(Newser) – Wall Street's problems have chucked a bucket of cold water over Manhattan's once overheated property market, Reuters reports. The median price of a Manhattan apartment dived 11% to $749,000 in the first quarter, according to a report released today by the Corcoran Group, New...   Read full story »

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