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NEW YORK CITY-Residential homes sales in the Village are lagging behind the overall recovery witnessed in Manhattan in recent months. According to Eastern Consolidated, the first three quarters of 2010 witnessed total sales of $116 million in multifamily properties in the Village while 2009 sales were $138 million.

However, sales of multifamily property in Manhattan almost doubled in the first three quarters of 2010 to reach $2.7 billion when compared to 2009 sales figures of $1.7 billion. For the full story, go to Crain’s New York Business.


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