According to several first-quarter Manhattan housing reports released today - including ones from the Corcoran Group and Property Shark (PDF); Prudential Douglas Elliman and Miller Samuel; Brown Harris Stevens and Halstead Property; and StreetEasy - condo and co-op sales have fallen precipitously from last year. Corcoran estimates that sales have fallen by 52 percent and Douglas Elliman reports a 47.6 percent fall, for instance.
Either way, you get the picture and it is not...