The luxury rental market is booming. Here’s what a $100,000-a-month penthouse looks like
The booming market for luxury rentals in Manhattan has led to a new market segment: the $100,000-a-month rental.
Demand for ultra-luxury rentals is soaring in Manhattan as more wealthy buyers decide to sit on the sidelines and rent. At the same time, more sellers of trophy penthouses and pricey townhouses are opting to rent to cover their monthly costs rather than letting their properties languish…
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