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A Strong Start for Luxury Apartments in 2017

Feb 05, 2017 - The New York Times

The Manhattan real estate market got off to a strong start in 2017, with the closed sale of the second most expensive penthouse at the supertall 432 Park Avenue and a spurt of activity at other new developments.

There were several high-profile transactions, too. The former ''Today'' host Billy Bush sold his Chelsea townhouse (at a loss), and a few buildings away on the same street, a full-floor loft owned by the Oscar-winning director Steven Soderbergh finally sold.

Also, the Gram...