The lower Manhattan skyline is seen during a helicopter ride above the Financial District of New York. Photo: Bloomberg
Manhattan rewards mainland Chinese, Hong Kong investors as prices of luxury property rebound in busiest year since 2006
- Covid-19 triggered a migration of property buyers from big cities to the suburbs, but the trend has reversed as affluent buyers returned to Manhattan
- Manhattan’s luxury property market recorded the highest sales volume since at least 2006, according to a report published by Olshan Realty
The lower Manhattan skyline is seen during a helicopter ride above the Financial District of New York. Photo: Bloomberg