Manhattan apartment contracts fall more than 80% in May, Florida surges

Manhattan apartment contracts fall more than 80% in May, Florida surges

The Stuyvesant Town and Peter Cooper Village private residential development (bottom C) is seen in New York.

Shannon Stapleton | Reuters

Manhattan apartment deals plunged more than 80% in May from a year ago, while South Florida saw a surge as lockdowns and coronavirus fears continue to weigh on New York real estate.

The number of sales contracts signed for Manhattan co-ops fell 80% last…

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