Upper East Side co-ops rule Manhattan’s luxury contracts
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The upper east side is seeing significant activity in the luxury real estate market, with co-ops reportedly leading in luxury contracts. Some high-end properties have recently sold, including a penthouse for $89.5 million, while others, such as a former home of a notable figure, have found new owners. Meanwhile, luxury co-ops are relaxing certain rules, including financing requirements, which may indicate a shift in the market.
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