Luxury Apartment Market In Manhattan Strongly On The Rebound From 2020 Lows
NEW YORK, NEW YORK - MAY 16: The luxury supertall condo tower, 432 Park Avenue, stands in Midtown Manhattan 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)
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