NYC real estate: Bottomed? Probably not.

Many years since I was here
On the street I was passin’ my time away
To the left and to the right, buildings towering to the sky
And it’s outta sight in the dead of night
Here I am, king in this city with a fistful of dollars
And baby, you’d better believe

I’m back, back in the New York groove – Ace Frehley

Headline stuck out to me today as I’ve been having a lot of discussions about NYC real estate all of a sudden lately, perhaps since prices have reportedly “stabilized” finally.

Full story is available on Market Watch

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