A tower being built on Park Avenue is part of Manhattan’s booming ultraluxury construction business, a trend that is warping the real-estate market and driving up overall costs.
Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.
A tower being built on Park Avenue is part of Manhattan’s booming ultraluxury construction business, a trend that is warping the real-estate market and driving up overall costs.
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