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Concessions by Manhanttan condo sponsors/seller

Started by anonymous
over 9 years ago
Discussion about
I hear a lot about the market slowing down but was wondering if anyone has first-hand experience with this in their negotiations. When I was at a new condo over the summer the sales team wouldn't budge on anything. I know that it depends on the property but what have people noticed? In general have buyers noticed more concessions being made? Specific examples would be nice such as in sales price, transfer tax, storage units, paying for some of common charges, finance contingency, etc?

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