Manhattan’s luxury market is booming despite fears that Zohran Mamdani’s victory would push wealthy New Yorkers out of the city. Buyers signed contracts for 41 homes asking $4 million or more last week, according to Olshan Realty’s weekly report. Twenty-four of those deals were inked after Tuesday night, when the results of the mayoral election were called in favor of the 34-year-old Assembly member from Queens. Last week marked the first time 40 or more contracts were signed for luxury properties since late May. The number of pending deals was also up from the previous period’s total of 37. In […]
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