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Why Manhattan’s Skyscrapers Are Empty
Approximately half of the luxury-condo units that have come onto the market in the past five years are still unsold.
In Manhattan, the homeless shelters are full, and the luxury skyscrapers are vacant.
- Derek Thompson
- The Atlantic
Such is the tale of two cities within America’s largest metro.
Even as 80,000 people sleep in New York City’s shelters or …