Manhattan’s luxury market defied some doomsday predictions in 2025 to end with a strong showing.  Early in the year, high interest rates, fears over President Donald Trump’s tariff policies and an impending mayoral election dominated headlines. Despite reported concerns of a slowdown and deterrants for wealthy buyers, the borough still nabbed its second-biggest period for luxury contracts since 2006, when Olshan Realty began tracking data. Buyers inked deals for more than 1,400 homes asking $4 million or more this year, up 11 percent from 2024, according to the brokerage’s annual report. The signed contracts totaled just under $12 billion, up […]

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