Posted Apr 30, 2019, 1:41 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,839
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They will get bought eventually as investment properties or (3rd...4th... homes), just takes time. So long as NYC remains the Dog eat Dog capital, folks will purchase such units, either domestic or international client. 220 CPS is the benchmark of ultra-luxury sellout.
CPT projected to have record breaking sellout as well.
Its crazy to think, but units 1-10 million dollars bloody sell out quite quickly. Once you get into 30mil +... yeah... takes a special kind of client. The ones that use money as papier toilette.
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