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Reuters: As layoffs bite Wall St, New York real estate hit

Started by chris, June 05, 2008, 03:41:07 PM

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chris

As layoffs bite Wall St, New York real estate hit
      


NEW YORK (Reuters) - While most of the United States has suffered a housing slump over the past two years, home prices in New York's Manhattan have been largely unscathed, propped up by demand from Wall Street bankers and the island's limited housing supply.
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