Residents Leaving New York City in Droves Amid Coronavirus Pandemic

June 19, 2020
The coronavirus pandemic is chasing residents out of New York City. According to a report from real estate companies Miller Samuel and Douglas Elliman, Manhattan apartment deals plunged by more than 80% in May compared to this time a year ago. Scott Durkin, President and Chief Operating Officer of Douglas Elliman, breaks down the numbers he's seeing and discusses what to expect in the NYC market in the summer and fall.
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