Among theories of a looming exodus, New York’s condo brokers say they’re just as busy as ever with ultra-wealthy clients who want to live and work in the city that just elected a democratic socialist as mayor.
“People thought people were moving out of New York and not coming back. It’s actually the opposite,” Charney Cos. Chief Data Officer and Brokerage President Andrew Steiker-Epstein said Wednesday at Bisnow’s New York Condos Conference. “You’re seeing people planting roots here, particularly in the luxury market.”