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Channel: mortgage meltdown | New York Post
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Mortgage crisis pickets hit Midtown

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Manhattan’s residential real-estate scene is roaring back — but don’t look across the river. The shadow of the foreclosure crisis is fading fast in tony enclaves like the Upper East Side, where home prices spiked 36 percent in the first quarter. Manhattan sales prices just logged the biggest single-year gain since 2008, vaulting 17 percent...

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