The rate of condominium purchases by first - time buyers will double in the next three years, says the report. (remonline.com)
Sales of single - family homes rose 5.3 percent, the most in six months, while condominium purchases were unchanged. (bloomberg.com)
In the series, which focused on condominium purchases overlooking Central Park at the Time Warner Center, The Times quoted several people involved in luxury real estate transactions who acknowledged performing few background checks on buyers beyond determining their financial wherewithal to purchase luxury condos worth tens of millions of dollars. (nytimes.com)