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'Marketplace' Report: Affordable Manhattan?

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'Marketplace' Report: Affordable Manhattan?

U.S.

'Marketplace' Report: Affordable Manhattan?

'Marketplace' Report: Affordable Manhattan?

  • Download
  • <iframe src="https://www.npr.org/player/embed/94105702/94105679" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

It might get a little easier to move on up to the East Side. New York City recently released records that show condos and co-ops in prime Manhattan neighborhoods are selling for less than their purchase prices. Madeleine Brand talks with Bob Moon about why New York and other once-solid real estate markets are seeing trouble.