A third of Manhattan condo owners sold at a loss in past year

Hey, it's Robert Frank, CNBC wealth editor here. And if you think real estate in Manhattan always seems to go up in price, well, onethird of condo owners who sold in the past year sold at a loss. It all depends on when they bought.So, you bought a condo before 2010, your gains were between 29 and 45%. That's according to a new report from Brown Harris Stevens. If you bought before 2010, you're more likely to see losses or small gains of a few percent.You add in inflation, renovation costs, and transaction f ...