April 13th 2023
The Real Deal
New York is a vertical city. The forest of apartment building that define its skyline represents the real estate industry’s eternal quest to squeeze the maximum value out of the land by stacking luxury homes as high as air rights will allow.
But even its priciest neighborhoods are still dotted with the rarest of city residences: the high-end single- family home. The buyers if these high-brow low rises are more rarefied still, and finding those willing to pay the price can be a challenge for any brokerage.