Prices of Manhattan Apartments Expected to Climb Upward This Year - 2004-01-15
Prices of Manhattan apartments climbed up modestly in the fourth quarter, according to a survey shown yesterday, but experts said prices are likely to rally this year, fueled by Wall Street bonuses and a limited supply of apartments.
Meanwhile, Wall Street bonuses are fattening, mortgage rates remain low, and there is a strong likelihood that there will be some new hires in the financial sector.
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