There may be fewer cranes dotting the New York skyline over the next few years due to the glut of condominiums in the city. Photo: AP There may be fewer cranes dotting the New York skyline over the next few years due to the glut of condominiums in the city. Photo: AP
There may be fewer cranes dotting the New York skyline over the next few years due to the glut of condominiums in the city. Photo: AP

Manhattan luxury-condo glut ends developer rush for land deals

Sales of land parcels slump as buyers and sellers disagree over prices

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There may be fewer cranes dotting the New York skyline over the next few years due to the glut of condominiums in the city. Photo: AP There may be fewer cranes dotting the New York skyline over the next few years due to the glut of condominiums in the city. Photo: AP
There may be fewer cranes dotting the New York skyline over the next few years due to the glut of condominiums in the city. Photo: AP
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