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The median rental price in New York City’s most expensive borough dropped 2.8% to $3,300 in March from the same time a year ago. This is the first annual decline in 24 months, according to the latest report by real estate appraisal firm Miller Samuel for Douglas Elliman Real Estate.
He’s used to winning out on the track, so it’ll be a familiar feeling of celebration for high-profile racehorse owner Greg Kolivos, who has secured close to $9 million for his palatial Warrawee trophy home.