The Mega Mansions Billionaires Are Buying And Selling Right Now -- Forbes
If you want to see billionaires in Midtown Manhattan, look up. With 11 units priced at $42.5 million or higher and two penthouses asking more than $100 million, the yet-to-be-completed One57, a new ultra luxury high rise in New York City, is poised to become the latest enclave of the ultra-rich in a ZIP code full of them. More than one of third of the 95 condo units had already found buyers.
“We have had activity on every [price] tier and contracts out and signed since day one,” says Dan Tubb, director of sales for One57. He says the development, soaring 90 stories over Central Park, is attracting overseas clients that have made ten-figure fortunes in commodities. “Some of the international buyers…are looking at the conversion rate as well as the solid investment that’s very consistent in real estate here in New York, so it’s an interesting pairing of motivations for billionaire buyers.”
Read more ....
My Comment: When I read articles like this one, I realize that I do not even have anywhere near the money that I need to enjoy life a very good life. Sighhh ....
No comments:
Post a Comment