The recent uptick in New York's luxury market may be more than a bump. The richest homebuyers could stand to benefit from Donald Trump's victory in November, given how his tax cuts in 2017 played out.

Two Downtown Manhattan penthouses, with price tags above $40 million, led the borough’s luxury market into the new year. Buyers signed contracts for new development apartments at 67 Vestry ...

Britain’s most prominent luxury developer drops $47M on a Billionaires’ Row penthouse By Mary K. Jacob Published April 16, 2025, 3:06 p.m. ET ...

New York City’s moneyed elite circled the luxury real estate market the past couple of years, waiting for the right moment to splurge. That time has come.