Pedestrians cross the Brooklyn Bridge to Manhattan, where the sales of condominiums and co-ops rose 27 per cent in the fourth quarter of last year. Photo: EPA

Manhattan flat sales rise on fears of mortgage rate and price increases

Apartment sales in upscale New York borough surged at year end, with buyers anticipating rising mortgage rates and a seller's market

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Pedestrians cross the Brooklyn Bridge to Manhattan, where the sales of condominiums and co-ops rose 27 per cent in the fourth quarter of last year. Photo: EPA
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