Owning a townhouse in Manhattan was once deemed the ultimate status symbol.But soaring rates, the migrant crisis and the scourge of squatters have seen the top one percent begin to abandon their domestic dreamhouses in favor of the guaranteed security that comes with doorman buildings. Between the last three months of 2022 and Q4 2023, townhouse sales fell 25 percent percent - with the average discount 18 percent, according to residential listing service REBNY RLS.
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