It seems that all the money flowing through Manhattan’s luxury market these days is encouraging owners of extravagant abodes to try and cash in. After all, buyers keep signing decadent deed after decadent deed, even with the dog days of summer approaching.
Today, three properties hit the market in the $20 million to $29 million range. Which, after the recent debut of a $50 million listing at the Ritz-Carlton and the impending debut of Walker Tower’s $50 million penthouse listing, seems almost modest. And, according to The New York Times, we should all brace ourselves for the arrival of some more listings in the $90 million range in the near future. Read More