The Last Laughers: Long-suffering Manhattan Renters Jump Confidently Into the Sales Pool

On a recent Wednesday night, Antonio Palumbo, a 27-year-old IT manager at Blue Man Productions, and his 25-year-old fiancé, Joanna Cambareri, a digital sales associate at, were sitting in an Upper East Side Starbucks, talking about their decision to buy an apartment in Manhattan, and explaining why they were looking to buy in a market defined by two knee-buckling trends: uncertainty; and falling prices.

The soon-to-be-married couple had already signed an offer...

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