NYC Pied-a-Terre Tax 2026: What Trophy Buyers Pay
Key takeaways New York State enacted its first pied-a-terre tax in the FY2027 budget, signed by Governor Kathy Hochul on May 28, 2026, after she and Mayor Zohran Mamdani proposed ...
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Manhattan Real Estate Insights
Expert analysis on New York's premier real estate, Billionaires' Row trophy condos, Downtown new developments, and the ultra-luxury townhouse market.
All-Cash Trophy Buyers 2026: How Cash Wins
Mortgage rates eased to 6.18% in March, the housing market tilted toward buyers, and even people who could write a check chose to finance ...
Why Gulf Buyers Choose Billionaires' Row and Miami
Key takeaways Ultra high net worth buyers from Dubai and Saudi Arabia are increasingly purchasing trophy properties in Manhattan and Miami, ...
Manhattan or Miami? A 2026 Trophy Decision Framework
Key takeaways Manhattan trophy condominiums often incur combined common charges and real estate taxes of $15 to $40 per square foot per ...
Manhattan's $100M Club: How Record Sales Reset the Market
One number does more work in Manhattan real estate than any other. In 2019, Ken Griffin paid a publicly reported $238 million for a ...
Foreign Buyer's Manhattan Trophy Playbook 2026
A foreign buyer can wire $50 million for a Central Park view and still get turned away at the door. Not by the market, by a co-op board ...
The Engineering Behind Billionaires' Row Supertalls
Key takeaways 111 West 57th Street on Billionaires' Row rises 1,428 feet with a height to width ratio of about 24 to 1, making it the most ...
Trophy Co-ops vs Billionaires' Row Condos in NYC
Two buildings sit a few hundred feet apart on the southern edge of Central Park. One is a limestone cooperative from the 1920s where a sale ...
Why Manhattan Billionaires Quietly Buy in Miami Too
Look at the closing records along West 57th Street and the buyer pool reads like a who's who of finance and global capital. Look at the ...
What $5M to $100M Buys in Manhattan Apartments
The triplex penthouse at Central Park Tower came to market in the fall of 2022 at $250 million, was repriced to $195 million a year later, ...
Billionaires' Row 2026: Supertall Trophy Index
Key takeaways Ken Griffin's 2019 purchase of a roughly $238 million penthouse at 220 Central Park South remains the record high sale for a ...
The Central Park View Premium on Billionaires' Row
Key takeaways A direct protected Central Park view on Billionaires' Row typically adds about 25 to 60 percent in value compared with a ...
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