The Big Apple: Manhattan condo prices are stable

Finance chief masticates crow, agreeing to provide tax relief to co-ops

The city Finance commissioner bowed to heavy pressure from elected officials and agreed to limit property tax increases on co-op apartments.

Grilled by City Council members probing skyrocketing tax assessments for co-op owners, Commissioner David Frankel also vowed to do a better job of handing out assessments next year.

Manhattan condo prices in February haven’t changed in six months, sales off from a year earlier

The recovery in Manhattan condominium prices stalled for six months through the end of February, according to the Radar Logic data analysis firm.

Its RPX Manhattan condominium price was