The Daily Gazette
The Locally Owned Voice Of The Capital Region

Marlene Kennedy, a longtime business editor in the Capital Region, can be reached by email at

Down to Business: Sales of high-priced homes brisk

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Dan Davies sees the fruits of lower interest rates and a warm spring in the pace of sales of million-dollar homes along Lake George. And the “mansion cliff?” He’ll reserve judgment on that. The name is a play on “fiscal cliff,” the year-end and new-year convergence of federal tax cuts and spending reductions that has leaders in Washington worried that the still-shaky economy will fall into a new recession. Common to both cliffs are the ...

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