Luxury Condo Boom Is Ending in Manhattan
Wall Street Journal, May 10, 2016–Brown, Eliot; Barbanel, Josh
The 1,004-foot Manhattan condominium tower known as One57 was the envy of the real-estate market as it was being constructed in recent years, garnering interest from so many wealthy buyers that it sparked a boom by developers betting demand for luxury apartments would keep climbing to the skies. It didn’t.
