Where Is New Yorks Most Expensive Apartment Listing?

The video discusses the dynamics of the real estate market, focusing on supply-side issues and pricing strategies. It highlights the risks developers face and the role of international investors, particularly from China and Europe. The luxury market is examined, with record pricing and the influence of foreign buyers. The potential impact of a proposed luxury tax in New York is also explored, drawing parallels with London's stamp duty.

What challenges do developers face in the current Manhattan real estate market?

In what ways are international investors, particularly from China, influencing the New York real estate market?