Trophy penthouses, waterfront compounds, and branded residences in the world's two most coveted luxury markets. Boutique advisory for buyers acquiring $10M+ properties.
The Market
Ultra-luxury is not simply a price point — it is a tier of the market defined by absolute scarcity, architectural distinction, branded provenance, and a buyer profile measured in nine figures of net worth. In New York and Miami, the two cities where this market is most active globally, ultra-luxury begins at $10 million and ascends without a practical ceiling.
What separates a $10 million apartment from an ultra-luxury asset is not square footage alone. It is the address, the building's pedigree, the floor, the views, and increasingly — the brand. Aman, Four Seasons, St. Regis, Aston Martin: these names have moved from hospitality to residential real estate precisely because ultra-high-net-worth buyers have discovered that the brand delivers real value: professional management, hotel services, and a liquidity premium at resale.
Across both markets, properties trading above $1,000 per square foot are overwhelmingly all-cash transactions — 70% in Miami's 2025 data. These buyers are not rate-sensitive. They are seeking capital preservation, lifestyle access, and legacy assets.
Ultra-luxury entry points differ by submarket, reflecting local scarcity and buyer demand.
The Macro Story
The wealth migration that began as a COVID-era experiment has become a permanent structural shift. What started with Barry Sternlicht relocating Starwood Capital from Greenwich in 2018 has since become a full-scale relocation of American and global capital: Citadel, Goldman Sachs, Blackstone, Microsoft, Amazon, and the world's most prominent tech founders have all established major Miami presences.
Ken Griffin's decision to move Citadel — his $65 billion hedge fund — from Chicago to Miami was the defining signal. He assembled over $670 million in Brickell real estate and is now constructing a 1,049-foot Foster + Partners supertall at 1201 Brickell Bay Drive. When complete, it will be the tallest building in Miami and one of the tallest on the East Coast outside New York. The private address? Miami.
Jeff Bezos assembled a $237 million compound on Indian Creek Island. Larry Page has spent $188 million and counting acquiring Coconut Grove waterfront properties. Mark Zuckerberg is reported to be in contract on an Indian Creek compound valued between $150–200 million. These are not vacation homes — they are primary residences, signaling a fundamental reorientation of American wealth toward South Florida.
For New York, this creates a dual dynamic: the ultra-wealthy maintain Manhattan as a primary or secondary address — because the city's cultural, professional, and social infrastructure is irreplaceable — while establishing Florida as their tax domicile. The result is unprecedented demand at the top of both markets simultaneously. Read our full analysis: Wall Street South — Miami Ultra-Luxury Market Guide 2026.
"Miami has surpassed New York as the top destination for ultra-high-net-worth buyers seeking second homes — while New York remains the only city where trophy assets consistently trade above $10,000 per square foot."
Side by Side
| Factor | New York / Manhattan | Miami / South Florida |
|---|---|---|
| Ultra-Luxury Entry | $10M+ / $4,000+ PSF | $10M+ / $3,000+ PSF |
| Record Price/SF | $10,000+ (Billionaires' Row) | $6,731 (Surf Club Four Seasons) |
| State Income Tax | Up to 14.8% (state + city) | Zero |
| Transfer Tax | Mansion Tax up to 4% + NYS/NYC RPT of 2% | 0.7% (doc stamp) |
| Market Character | Global safe-haven, trophy collectible | Rapidly appreciating, growth market |
| Foreign Buyer Restrictions | None for most nationalities | SB 264 (select countries of concern) |
| Top Branded Towers | Aman, Waldorf Astoria, Four Seasons, Mandarin Oriental | Aman Miami Beach, Four Seasons Surfside, Four Seasons Coconut Grove, Mandarin Oriental Brickell, St Regis Brickell/Sunny Isles, Waldorf Astoria, The Raleigh at Rosewood, et al |
| New Supply (2025–2028) | Limited; conversions & boutique towers | Significant pipeline; all pre-sold or near-sold |
| Seasonality | 12-month market; mild seasonal patterns | High season Oct–May; strong year-round now |
| Ideal For | Legacy asset, NYC lifestyle, capital preservation | Tax domicile, primary relocation, appreciation play |
New York City
Manhattan remains the only market on earth where residential real estate consistently trades above $10,000 per square foot. The combination of Central Park views, architectural ambition, cultural infrastructure, and global brand recognition makes Billionaires' Row properties unlike any other asset class. Central Park Tower — the world's tallest residential building — anchors the corridor that has redefined what "expensive" means in American real estate. For ultra-high-net-worth buyers, Manhattan is not simply a lifestyle choice; it is a permanent component of a global real estate portfolio.
The supertall corridor from 53rd to 60th Street hosts the world's three tallest residential buildings. For buyers seeking the pinnacle of Manhattan real estate, this is the address.
Manhattan's new development pipeline is limited and selective — which is precisely why pre-construction opportunities command premiums. Buyers who move early capture best pricing and optimal floor selection.
From Aman New York at 57th Street to Four Seasons Tribeca, branded residences in Manhattan command 30–40% premiums over comparable non-branded product — and hold value through market cycles.
South Florida
Miami's ultra-luxury market has undergone the most dramatic transformation of any major American city in recent history. Buildings that topped out at $1,500 per square foot a decade ago now have waiting lists for units priced above $5,000 per square foot. The driver is not speculation — it is the permanent relocation of generational wealth. Indian Creek Island, Star Island, and Fisher Island anchor the single-family trophy market; Surfside, Bal Harbour, and South Beach anchor the ultra-luxury condo tier; and Brickell is emerging as the primary-residence choice for Wall Street South's relocated executives.
Miami recorded 394 sales above $10 million in 2025 — a new record — including 54 transactions above $30 million (nearly double the prior record) and 17 above $50 million, surpassing New York and California for the first time at that tier. See our full 2026 market data and analysis →
From Brickell to South Beach to Surfside, Miami's condo market now offers product that rivals — and in some cases surpasses — Manhattan in price per square foot, amenity level, and architectural ambition.
Indian Creek Island, Star Island, North Bay Road, and Fisher Island represent Miami's most exclusive residential addresses — each with distinct character, access requirements, and price dynamics.
Miami's current pipeline — Shore Club, Aman Miami Beach, Ritz-Carlton South Beach, Four Seasons Coconut Grove — represents the last wave of pre-tariff construction pricing. Future projects will cost materially more to build.
Our ultra-luxury advisory team works exclusively with buyers acquiring $10M+ properties across Manhattan and South Florida. Pre-market inventory, developer relationships, and discreet representation.
Schedule a ConsultationAsset Class
Miami has more branded residences than any city in the Western Hemisphere — and New York's branded tower pipeline is accelerating to match. These hotel-branded condominiums represent a distinct asset class within ultra-luxury real estate: they command a 30–40% premium over comparable non-branded product, hold value more reliably through market cycles, and offer a lifestyle proposition that has no equivalent in traditional residential buildings.
For buyers splitting time between multiple residences — the dominant pattern among ultra-high-net-worth families in both markets — branded residences solve an operational problem. Five-star concierge, valet, housekeeping, rental management, and building maintenance are handled. A $40 million Aman penthouse in New York requires no household staff, no maintenance coordination, and no operational overhead. A $100 million Indian Creek compound requires all three.
The category leaders in both markets: Aman (New York and Miami Beach — the most exclusive brand at the highest price per square foot), Four Seasons (Coconut Grove and Tribeca), St. Regis (Brickell and Sunny Isles), Aston Martin (Downtown Miami), and Rosewood (The Raleigh, South Beach). Each brand brings a different positioning, buyer profile, and price point.
Explore All Branded Residences →| Brand | Market | Price/SF |
|---|---|---|
| Aman New York | Manhattan | $5,500–$8,000+ |
| Aman Miami Beach | Miami Beach | $5,000+ |
| Shore Club Private Collection | South Beach | $4,500–$11,000 |
| The Raleigh (Rosewood) | South Beach | $4,500–$8,000 |
| Four Seasons Coconut Grove | Coconut Grove | $3,300+ |
| St. Regis Brickell | Brickell | $3,000–$4,000 |
| Aston Martin Residences | Downtown Miami | $2,800–$4,500 |
| Four Seasons Tribeca | Manhattan | $3,500–$5,000 |
Prices reflect current market estimates. Pre-construction pricing may differ from resale.
Global Buyers
We have helped clients in over 40 countries buy or sell their homes. International buyers represent the majority of our ultra-luxury transactions across both markets. International buyers receive identical representation to domestic clients, with additional expertise in cross-border tax structuring, entity formation, and Florida SB 264 compliance.
Most likely will be paid by a developer or seller, as negotiated.
LLC, trust, or direct purchase — we coordinate with your advisors to identify the optimal acquisition structure for your jurisdiction.
Buyers from countries designated as "of concern" face restrictions on certain Florida real estate. We navigate these requirements with experienced legal counsel.
We work with clients from Asia, Brazil, Europe, Latin America, and the Middle East — with professional introductions to counsel and lenders in your preferred language.
Many ultra-luxury transactions in both markets never reach public listing. Our developer relationships provide access to inventory before it is broadly marketed.
The only boutique brokerage with deep operational expertise in both Manhattan and Miami — ideal for buyers assembling dual-city portfolios.
From Billionaires' Row to Indian Creek Island, we represent buyers at the highest levels of both markets. Discreet, experienced, and exclusively focused on $10M+ real estate.
We strive to make buying a property in the New York City or Miami as simple as can be. With over 75% of our buyers hailing from outside the US, we are foreign buyer experts, something that will help you immensely.
Once we understand your property requirements, we will present you with only the properties that we think will be most suited to you. When you are in NYC or Miami, we will collect you from your hotel, an airport or some other location and accompany you on a chauffeured driven tour of the city, taking you to see all the shortlisted properties and providing color on the local area in terms of property values and character.
We will provide all the relevant information for you to make an educated purchase decision and negotiate the transaction on your behalf. As Exclusive Buyer Agents, we will hold your interests above all others, striving to obtain the best purchase price for the property. Remember, our mission is to grow, protect and preserve your wealth, so we are here to serve you.
We will introduce you to attorneys, mortgage brokers, and tax accountants, as well as provide contacts for schooling, domestic staff, and property management companies, if required. We are used to working with translators and have Chinese, Brazilian Portuguese, Spanish, French, Italian and Korean language-speaking agents to draw from to make the process seamless.
Finally, you, as the buyer, won’t pay us anything for our First-Class service, as the Seller always pays the sales commission in the US.
We strive to make buying a property in the New York City or Miami as simple as can be. With over 75% of our buyers hailing from outside the US, we are foreign buyer experts, something that will help you immensely.
Once we understand your property requirements, we will present you with only the properties that we think will be most suited to you. When you are in NYC or Miami, we will collect you from your hotel, an airport or some other location and accompany you on a chauffeured driven tour of the city, taking you to see all the shortlisted properties and providing color on the local area in terms of property values and character.
We will provide all the relevant information for you to make an educated purchase decision and negotiate the transaction on your behalf. As Exclusive Buyer Agents, we will hold your interests above all others, striving to obtain the best purchase price for the property. Remember, our mission is to grow, protect and preserve your wealth, so we are here to serve you.
We will introduce you to attorneys, mortgage brokers, and tax accountants, as well as provide contacts for schooling, domestic staff, and property management companies, if required. We are used to working with translators and have Chinese, Brazilian Portuguese, Spanish, French, Italian and Korean language-speaking agents to draw from to make the process seamless.
Finally, you, as the buyer, won’t pay us anything for our First-Class service, as the Seller always pays the sales commission in the US.
We strive to make buying a property in the New York City or Miami as simple as can be. With over 75% of our buyers hailing from outside the US, we are foreign buyer experts, something that will help you immensely.
Once we understand your property requirements, we will present you with only the properties that we think will be most suited to you. When you are in NYC or Miami, we will collect you from your hotel, an airport or some other location and accompany you on a chauffeured driven tour of the city, taking you to see all the shortlisted properties and providing color on the local area in terms of property values and character.
We will provide all the relevant information for you to make an educated purchase decision and negotiate the transaction on your behalf. As Exclusive Buyer Agents, we will hold your interests above all others, striving to obtain the best purchase price for the property. Remember, our mission is to grow, protect and preserve your wealth, so we are here to serve you.
We will introduce you to attorneys, mortgage brokers, and tax accountants, as well as provide contacts for schooling, domestic staff, and property management companies, if required. We are used to working with translators and have Chinese, Brazilian Portuguese, Spanish, French, Italian and Korean language-speaking agents to draw from to make the process seamless.
Finally, you, as the buyer, won’t pay us anything for our First-Class service, as the Seller always pays the sales commission in the US.
We strive to make buying a property in the New York City or Miami as simple as can be. With over 75% of our buyers hailing from outside the US, we are foreign buyer experts, something that will help you immensely.
Once we understand your property requirements, we will present you with only the properties that we think will be most suited to you. When you are in NYC or Miami, we will collect you from your hotel, an airport or some other location and accompany you on a chauffeured driven tour of the city, taking you to see all the shortlisted properties and providing color on the local area in terms of property values and character.
We will provide all the relevant information for you to make an educated purchase decision and negotiate the transaction on your behalf. As Exclusive Buyer Agents, we will hold your interests above all others, striving to obtain the best purchase price for the property. Remember, our mission is to grow, protect and preserve your wealth, so we are here to serve you.
We will introduce you to attorneys, mortgage brokers, and tax accountants, as well as provide contacts for schooling, domestic staff, and property management companies, if required. We are used to working with translators and have Chinese, Brazilian Portuguese, Spanish, French, Italian and Korean language-speaking agents to draw from to make the process seamless.
Finally, you, as the buyer, won’t pay us anything for our First-Class service, as the Seller always pays the sales commission in the US.
We strive to make buying a property in the New York City or Miami as simple as can be. With over 75% of our buyers hailing from outside the US, we are foreign buyer experts, something that will help you immensely.
Once we understand your property requirements, we will present you with only the properties that we think will be most suited to you. When you are in NYC or Miami, we will collect you from your hotel, an airport or some other location and accompany you on a chauffeured driven tour of the city, taking you to see all the shortlisted properties and providing color on the local area in terms of property values and character.
We will provide all the relevant information for you to make an educated purchase decision and negotiate the transaction on your behalf. As Exclusive Buyer Agents, we will hold your interests above all others, striving to obtain the best purchase price for the property. Remember, our mission is to grow, protect and preserve your wealth, so we are here to serve you.
We will introduce you to attorneys, mortgage brokers, and tax accountants, as well as provide contacts for schooling, domestic staff, and property management companies, if required. We are used to working with translators and have Chinese, Brazilian Portuguese, Spanish, French, Italian and Korean language-speaking agents to draw from to make the process seamless.
Finally, you, as the buyer, won’t pay us anything for our First-Class service, as the Seller always pays the sales commission in the US.
MANHATTAN OFFICE
157 Columbus Avenue, 4th Fl
New York, NY 10023
+1-646-376-8752
MIAMI OFFICE
1688 Meridian Avenue, Suite 700
Miami Beach, FL 33139
+1-305-296-8885
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