The luxury real estate market in Manhattan is changing, as sales slow down due to increasing instability overseas, which is tightening up access to cash for many potential buyers. On top of this, new controls on cash-only sales by anonymous buyers are also slowing down the luxury market overall. To deal with this, some inventive realtors are going to great lengths to add extra perks to help motivate investors. In some cases, the perks included in high-end real estate deals are off the charts, as far as being quite unusual.
Some of the more eye-popping perks seen in recent deals include the inclusion of cars, (a Rolls Royce Phantom was offered as part of a sale for a penthouse in mid-town Manhattan recently) yachts, a residents-only art gallery, and an on-site 4-star restaurant. Other perks included 24-hour chauffeur service via Tesla, designer furniture, a slide that actually connects to the upper floor of a residence and leads directly into a pool, and a floor to ceiling “wall of candy,” holding $200,000 worth of candy!
What’s really the key to landing a great deal in the luxury market, however, is not gimmicks, but having an experienced realtor involved who knows the market backwards and forwards, and one who is committed to the highest level of customer service. These are the qualities the professionals at TOWN Residential are known for, which is why this firm has been a leader in NYC apartments for rent since its launch in 2010.
When it’s really time to commit to finding the right luxury property in New York, it’s time to call TOWN. Call today!