Manhattan's High-End Takes 31 Months To Recover From Lehman

A: This is interesting. Two and a half years ago Lehman Brothers filed for Chapter 11 Bankruptcy, sending bids for Manhattan real estate plunging. Fast forward to today and we see that it took Manhattan's high end pending sales market 31 months to recover to levels last seen on Lehman's failure day. The only difference this time is which way the trend is going! MANHATTAN: $5M+ Market Pending...