In the aftermath of much well-heeled panic about a potential mass exodus of New York millionaires and billionaires following the election of Zohran Mamdani, the contrary is already happening, and Manhattan luxury apartment buyers are voting with their wallets.
Signed contracts for Manhattan homes costing $4 million or more rose to 176 in November, a 25% increase from October’s 141 deals, according to fresh data from brokerage Douglas Elliman and appraiser Miller Samuel. New signed contracts of more than $4 million increased at more than twice the rate of the overall market, the report noted.
…as much as they campaign against it, wealthy people understand that when the chips fall, the “fairest of them all” always wins…they will steal and cheat as much for as long as they can, but most understand the guillotine…this is not new…this has been happening for about, quick and check my post history, 4000-3000 years…we decided pyramids were more effective and pretty…