Ryan Serhant Kathy A.Macdonald New York New York reports record track Ryan Serhant Kathy A.Macdonald New York New York

New York Real Estate Sees Luxury Market Hit New Highs

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variety.com

Kathy A. McDonald Broadway is back and so is New York’s residential real estate market. The sector (those properties priced at $4 million-plus) is on pace for a record 2021 with the number of signed contracts doubling year-over-year and volume on track to surpass 2014’s benchmark high numbers, per the Olshan Luxury Market Report.

Several factors are fueling the velocity of trades.“There’s a lot of inventory and opportunity here in New York,” says Ryan Serhant, founder and CEO of Serhant.

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