In Manhattan’s Sluggish Home Market, Cash Is Greasing the Wheels

Bloomberg, Apr. 24, 2023–Jennifer Epstein (subscription)
More Manhattan homebuyers are paying cash than at any point in recent history, to take advantage of deals to be had in a sagging sales market.
https://www.bloomberg.com/news/articles/2023-04-24/in-manhattan-s-sluggish-home-market-cash-is-greasing-the-wheels#xj4y7vzkg