New York Condo Developers Have 31,000 Reasons to Smile

March 4, 2020

Wall Street Journal, Mar. 4, 2020–Katherine Clarke

New York City condo developers are facing a supply overhang and tax changes resulting in greater costs for buyers. But there is one bright spot: an uptick in the number of people around the world who can afford their seven-digit apartments.
https://www.wsj.com/articles/new-york-condo-developers-have-31-000-reasons-to-smile-11583316060?mod=hp_listc_pos2