New York real estate is on the rise

NYC leads way in recovery race

Manhattan market stabilizes, while rest of country plays catch-up August 01, 2011 07:00AM By Peter Kiefer
The gulf between New York City's real estate market and the rest of the country has always been wide. But that disconnect appears to be growing.

"Manhattan seems to be one of the lucky ones," said Jonathan Miller, president and CEO of Miller Samuel, who called the Big Apple one of "the best housing markets in the country, relatively."

Read the full story here: http://therealdeal.com/newyork/articles/nyc-leads-way-in-recovery-race