Luxury Apartment Market In Manhattan Strongly On The Rebound From 2020 Lows

NEW YORK, NEW YORK - MAY 16: Residential luxury towers stand along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Following its 2020 lows during the height of the Covid-19 pandemic, Manhattan’s luxury real estate market has rebounded despite a decrease in foreign buyers. In January, a penthouse apartment at 220 Central Park South sold for $188 million, a sale recorded as the second most expensive residential sale ever in New York City. (Photo by Spencer Platt/Getty Images)
NEW YORK, NEW YORK - MAY 16: Residential luxury towers stand along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Following its 2020 lows during the height of the Covid-19 pandemic, Manhattan’s luxury real estate market has rebounded despite a decrease in foreign buyers. In January, a penthouse apartment at 220 Central Park South sold for $188 million, a sale recorded as the second most expensive residential sale ever in New York City. (Photo by Spencer Platt/Getty Images)
Luxury Apartment Market In Manhattan Strongly On The Rebound From 2020 Lows
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Spencer Platt / Staff
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