New York City real estate market can only go UP.. - a podcast by Vince Rocco

At this hour: Real estate sales in Manhattan plunged 25 percent in the first quarter from a year ago, as the new federal tax laws, stock market swings and a glut of luxury condominiums spooked buyers.
Sales in the first quarter posted their largest drop in nearly a decade and reached their lowest level in more than six years, according to local market reports.
We will discuss with an expert guest this morning here in the studio.
Also at this hour: Clipped wings: That is how the Bird Streets celebrity enclave is looking as it falls from its lofty perch in Los Angeles.
The LA market is starting to feel the impact of this current flat market and time will tell where that will land.
And when you think of the ultimate New York City apartment, Manhattan penthouses have to be pretty high on the list. But why and at what cost? We will break this down.

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