What’s Happening in the Luxury New York Real Estate Scene

As the US economy recovers from the after effects of the Great Recession that followed the 2008 stock market crash, New York leads the way in a real estate recovery that shows no signs up letting up. Sales of luxury New York real estate in 2015 skyrocketed, and the new year looks to be one that shatters even more records. All of this is an astounding bit of business news, and realtors in the luxury real estate market are leading the charge in brokering great deals for high powered clients.

Record Shattering Sales

2015 saw real estate records falling in the real estate market, at levels that are truly astounding. One of the most amazing sales was the $100.47 million sale of the penthouse at the incredibly luxurious One57 midtown skyscraper. This building is proving to be a major attraction for billionaires looking for properties that will store their cash and the new years looks to be seeing even more sales here at eye-popping levels.

Sales were also headed for the stratosphere in the condominium at 147 West 57th Street. This building, which faces Central Park, has prices heading in to the nine digits. All across Manhattan and also in the ever more luxurious and desirable Brooklyn, prices are going higher and higher, attracting plenty of billionaires worldwide.

Having a Realtor Who Knows The Luxury Market

Given the way prices are headed for top properties in New York, it’s critical that buyers and sellers work with realtors who have the know how to put together the right kind of deal. That’s why the realtors at TOWN real estate are now at the top of the list in this very heated market.

Since its launch as a specialist in luxury New York real estate in 2010, TOWN has become a top firm in this very competitive market. TOWN offers best-in-class customer service, and offers incredible know how and a fine tuned sense of the market in New York city as well as the outer boroughs.

When it’s time to get in on the skyrocketing New York luxury real estate market, it’s time to talk to the specialists at TOWN.