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NEW YORK CITY, NEW YORK
HIGHEST RECORDED SALE IN LAST 12 MONTHS:
U.S. $42,550,000
COMPARED TO LAST YEAR, PRICES ARE:
Up
PRICE POINT FOR THE TOP 10% OF INVENTORY ACROSS THE MARKET:
U.S. $10,000,000
MOST INTERNATIONAL BUYERS ARE COMING FROM:
Australia, Brazil, India, China, Kazakhstan, Europe, U.K., Canada,
Hong Kong and Greece
TOP FINANCIAL COMPANIES HEADQUARTERED HERE:
AllianceBernstein, CIT Group, E-Trade, Goldman Sachs and JPMorgan
Chase, to name a few
LUXURY BUYERS ARE LOOKING FOR:
Views, outdoor space, pre-war details and concierge services in
new condominiums
WASHINGTON D.C.
HIGHEST RECORDED SALE IN LAST 12 MONTHS:
U.S. $18,000,000
COMPARED TO LAST YEAR, PRICES ARE:
The change in the monthly median sale price in the Washington
metropolitan area has been flat in 2016, with monthly changes of
approximately 1%
PRICE POINT FOR THE TOP 10% OF INVENTORY ACROSS THE MARKET:
Ranges from U.S. $1,000,000–$1,500,000
MOST INTERNATIONAL BUYERS ARE COMING FROM:
Iraq and India
TOP FINANCIAL COMPANIES HEADQUARTERED HERE:
World Bank, International Monetary Fund and Inter-American
Development Bank
LUXURY BUYERS ARE LOOKING FOR:
Outdoor living areas, exceptional service and full-service amenities, such
as a door attendant, 24-hour concierge, fitness center and resort-style
swimming pools. Also guest suites and social spaces, such as screening
rooms, reception rooms and temperature-controlled wine rooms
LUXURY PORTFOLIO
MARKET PULSE
LUXURY PORTFOLIO INTERNATIONAL
®
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MARKETPLACE
WASHINGTON D.C.
NEW YORK CITY
FINANCIAL INDUSTRIES
Presenting the latest insights from our
extensive network of industry leaders,
we take an insider’s look at what’s
happening in select global markets
that are currently being influenced by
the residual wealth of the financial
industry. For more information or to
contact a Luxury Portfolio affiliate,
visit
luxuryportfolio.com.