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Bluelight Special: Price cuts, broker incentives increase – Victor Jung

20% of Manhattan listings saw prices slashed between Sept.-Dec. 2015

January 15, 2016 03:05PM – The Real Deal excerpt

From left: 110 Central Park South, 252 East 57th Street and 15 West 20th Street

Forget bidding wars and packed open houses. These days, bargain hunters have the upper hand as overpriced Manhattan properties experience rampant price chops.

Roughly 20 percent of Manhattan…