You are here

A view at the top of the NY real estate market

There is a growing segment of buyers who are capable of spending so much money that they pay prices that have no bearing, really, on the usual rules of supply and demand

BT_20141020_NYHOME20_1327154.jpg
In some New York neighbourhoods, such as the one along 57th Street in Manhattan known as Billionaires' Row, apartments with Central Park views have fetched in excess of US$30 million.

New York

RISING home values around the country are welcome news six years after the housing market collapsed. But there is a growing segment of buyers who are capable of spending so much money that they operate in rarefied space, paying prices that are rising into the tens of millions of

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom