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Sunday, April 27, 2025

Wealthy Buyers Are Backing Out of Multimillion-Dollar Home Deals

On March 1, New York real-estate agent Peter Ocean thought he had reason to celebrate: His clients accepted an offer of $10.25 million for their four-bedroom co-op in Lenox Hill, which had been on and off the market for more than a year, last asking $10.5 million. Days before the planned contract …

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