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Forget sprawling penthouses; the single-family Manhattan mansion is having a moment

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The New York City mansion is having its moment, again. The Wall Street Journal reported that the past few years have seen rising numbers of purchasers interested in acquiring apartment buildings, where tenants may or may not still be living, to turn them into single-family homes. As The Real Deal reported in June, townhouse sales are on the upswing; between early January and mid May this year, more single- to three-family townhouses in Manhattan have [more]

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