Despite a sagging real-estate market nationally, foreign investors have fueled Manhattan's highest sale prices ever: the average apartment in the borough sells for more than $1.3 million, the New York Sun reports. The New York Times picks up on the nuance here: condos are faring better than co-ops, given the latter's preference for owner-occupation.
New York Sun: Weak Dollar Fuels City Real Estate
New York Times: Co-ops Slip, but Condos Lead Rise in Manhattan Apartment Prices
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