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The Manhattan Condo Market Showed a Flicker of Hope. The Virus Snuffed It Out.

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Residential real-estate sales spiked in the first quarter, but now the market has been all but shut down by the pandemic, brokers say

The White House extends social-distancing guidelines to April 30, bills are due this week for millions of Americans, and while China gradually reopens, India sees a mass exodus of workers leaving cities. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Michael Ciaglo/Getty ImagesJust as the Manhattan residential real-estate market was shaking itself out of a multiyear slowdown, the party was suddenly over.

Sales spiked during the first quarter, but now the market has all but shut down, brokers say, as fears of the new coronavirus and worries over the economy take hold.

 

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A spate of mysterious second-time infections is calling into question the accuracy of COVID diagnostic tools as China prepares to lift quarantine measures to allow residents to leave the epicenter of its outbreak next month. It's raising concerns of possible second wave of cases

And now with the new whacky moratorium on construction in effect tomorrow NYCMayor has no clue what kind of slammer he is sleepwalking into...

Feeding frenzy in 3,2,1. . .. 🦈

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