Living
The 10 Priciest NYC Home Sales Show Market Doing ‘Pretty Darn Well’
The ultrarich are still buying ultra-expensive apartments.
A living room inside 220 Central Park South.
Source: 220 Central Park South
This might have been the year that New York City’s ultra-luxury housing market entered a holding pattern.
To date, 240 contracts have been signed in the city for homes priced $10 million or more; last year, there were 235, according to data compiled by the broker Donna Olshan, who publishes a weekly luxury market report. “This year just shows you that the rich are still very rich,” Olshan says.