"I am sure things are going to be great. That's why brokers who represent investment properties like Massey Knakal have 253 properties listed in Manhattan alone, and 853 across the city. 85 are marked tagged 'price drop'. Anyone will tell you that this means the market is strong. There are just a lot of people putting their properties up for sale at the same time. Like groups of unsold condos in unfinished luxury tribeca developments." [Wall Street Meltdown Report]
For more stories from Curbed, go to curbed.com.