"As per Massey Knakal's 2009 2nd-Qtr report, mixed-use buildings averaged $530 per sq.ft. Yet when I browse through their listings I regularly see listings for buildings asking for $800-$1000 per sq.ft. that have been sitting there for what must be 3 years now. Sellers are still desperately clinging on to the sides of the toilet despite all the heavy flushing."?Kinkistyle [Market Reports Preview: Manhattan Prices Still Slipping?]
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