Luxury apartments in New York just aren't selling like they used to

Shutterstock/ariadna de raadt The number of Manhattan apartments sales fell to the second-lowest level in a decade in the second quarter, according to NYC department of finance data analyzed by the Wall Street Journal. A mere 2,281 units traded hands amid a softening condo market and uncertainty over the global economy, down more than 10 percent over the second quarter of 2015. “I think it is a correction, a serious correction,” Brown Harris Stevens president Hall Willkie told the Journal, a...